$1,100,000

Pending

Est. Mortgage $5,708/mo *

Quick Pre-Approval

524 W Atlantic Avenue, Delray Beach, FL, 33444

524 W Atlantic Avenue, Delray Beach, FL, 33444

1956

1,280 sqft

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.


Status:

Pending

Type:

Commercial

Units:

1

Zoning:

CBD(ci

Complex:

DELRAY TOWN OF

Building Type:

Free Standing

Heating:

Central

Cooling:

Central

Levels:

1

Acreage:

0.1

Est. Taxes:

$4,106

Current Use

Retail

Construction

CBS

Utilities

Electric,Public Sewer,Public Water

Lease Term Type:

None

Owner Pays:

None

MLS #:

RX-10338648


Community Info

School Info

Walk Score

Yelp


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