Contact Us MoreMenu

524 W Atlantic Avenue, Delray Beach, Florida

$1,100,0002 BathsContract Pending

524 W Atlantic Avenue, Delray Beach, Florida 33444
Todd Wilson, Atlantic One Realty Group LLC - MLS® ID: RX-10338648

Property Details

524 W Atlantic Avenue, Delray Beach, Florida 33444 - 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.

Amenities

  • Zip33444
  • CountyPalm Beach
  • SQFT1280
  • Full baths2.00
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeCommercial
  • Zoning typeCBD(ci
  • Year built1956
  • Lot size0.10
  • WaterfrontNo
  • HeatingCentral
  • CoolingCentral
  • Tax amount$4,105.57
  • Tax year2016
  • Office ID802573
  • MLS® IDRX-10338648
  • MLS® nameRAPB

Broker: Todd Wilson, Atlantic One Realty Group LLC

Listing Courtesy of Todd Wilson, Atlantic One Realty Group LLC

Have Questions?

“Grant and Gia are simply the best! This was the simplest , lowest stress real estate transaction I've ever experienced. They did a terrific job, and the thing is they are so very nice??”

Call us
561-395-8418