524 W Atlantic Avenue, Delray Beach, FL 33444
Commercial Property
Built in 1956
4,356sqft lot
—— car garage
$——/sqft
Listed 8 years ago
Property Description
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.
- Listing Status:
- Pending
- Date Added:
- May 31, 2017 at 05:00AM
- Listing Office:
- Atlantic One Realty Group LLC : (561) 203-5170
- Listing Agent:
- Todd Wilson : (561) 436-4467
- MLS ID:
- R10338648

This listing courtesy of Todd Wilson, Atlantic One Realty Group LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
S. D. Spady Elementary School
901 NW 3rd St, Delray Beach, FL, 33444
Grades PK-5
0.57 miles away
Village Academy On The Art & Sara Jo Kobacker Campus
400 SW 12th Ave, Delray Beach, FL, 33444
Grades PK-12
0.72 miles away
Village Academy On The Art & Sara Jo Kobacker Campus
400 SW 12th Ave, Delray Beach, FL, 33444
Grades PK-12
0.72 miles away