$1,100,000

524 W Atlantic Avenue, Delray Beach, FL 33444

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

S. D. Spady Elementary School

901 NW 3rd St, Delray Beach, FL, 33444

Grades PK-5

0.57 miles away

V

Village Academy On The Art & Sara Jo Kobacker Campus

400 SW 12th Ave, Delray Beach, FL, 33444

Grades PK-12

0.72 miles away

V

Village Academy On The Art & Sara Jo Kobacker Campus

400 SW 12th Ave, Delray Beach, FL, 33444

Grades PK-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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