SHARE    
For Sale

524 Atlantic Avenue, Delray Beach, Florida 33444

$1,100,000
This property is being sold vacant and the rents illustrated are conservative net leased rents of $55 per square foot triple net. The rents are only being calculated on the under air space, but the property does offer a fenced in backyard as well. The current use of a free-standing bar is very coveted in Delray Beach as it provides a 750 foot radius restriction from another bar entering the market. Bars get some of the highest rents in the market based on the high margins on alcohol and the ability to operate on a lower overhead with reduced costs on overhead and costs associated with food. This asset is located on Atlantic Avenue East of I-95 and just west of Swinton Avenue.
Share This Listing

Details

    • Property Type: Commercial
    • Property SubType: Industrial
    • Listing Type: For Sale
    • Listing ID: R10338648
    • Price: $1,100,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1956
    • Status: Pending
    • Original Property Type: Commercial Sale

Features

    • Heating System : Central
    • Cooling System : Central Air
    • Roof Deck : Other
    • Flooring : Tile
    • Utilities : Water Available, Electricity Available, Sewer Available

Location

    • Country US
    • State FL
    • County Palm Beach County
    • City Delray Beach
    • Subdivision DELRAY TOWN OF
    • Zipcode 33444
    • Neighborhood: Delray Beach
    • Street: Atlantic Avenue
    • Street Number: 524
    • Floor Number: 0
    • Longitude: W81° 55' 16.9''
    • Latitude: N26° 27' 40.9''
    • Directions: HEAD EAST ON ATLANTIC AVE. PROPERTY IS LOCATED ON ATLANTIC AVE ON THE LEFT RIGHT AFTER SW 6TH AVE & RIGHT BEFORE NW 5TH AVE.

Additional Info

    • Stories: 1

INTEREST IN LEARNING MORE ABOUT This Property

This field is for validation purposes and should be left unchanged.
Property