524 W Atlantic Avenue Delray Beach, FL 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.
- Property TypeCommercial
- NeighborhoodDelray Town Of
- CountyPalm Beach
- Taxes$4,106
- HOA/Condo/Coop Fees$0
- Days on Site65 Days
- MLS StatusPending
- MLS ID NumberR10338648
- Home Size Source N/A
- Year Built1956
- Lot Size0.1 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Block
- Sewer Public Sewer
- Number of Stories 11
- Acreage 0.1
- Water Public
- Zoning CBD(ci
- Security Smoke Detector(s)
- Property Sub Type Industrial
- Utilities Electricity AvailableSewer AvailableWater Available
Interior Features
- Cooling Central Air
- Heating Central
- Flooring Tile
Exterior Features
- Roof Other
- Waterfront Property No
Community Features
- MLS Area 4470
- Security Features Smoke Detector(s)