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      • FL
      Palm Beach
      Delray Beach
      33444
      524 W Atlantic Avenue
      524 W Atlantic Avenue, Delray Beach, FL 33444
      Listing Type
      Commercial/Industrial
      Listing Status
      pending
      11
      $1,100,000

      Home Details for 524 W Atlantic Avenue

      Price
      $1,100,000
      Type
      Commercial Sale
      Bedrooms
      0
      Bathrooms
      0.0
      Square feet
      1280
      Year built
      1956
      Lot size acres
      0.1
      County
      Palm Beach
      Garage
      Days on site
      2788
      MLS Listing#
      R10338648
      Listing courtesy: Atlantic One Realty Group LLC - 561-203-5170
      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.

      Property Features
      • Utilities
        • Electricity Available
        • Sewer Available
        • Water Available
      • Cooling Information
        • Central Air
      • Heating Information
        • Central
      • Water Features
        • Public
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      Median Listing Price
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      Market statistics compiled from data from BeachesMLS.
      EXIT RIGHT REALTY
      2036 14th Ave Ste 103, Vero Beach, FL 32960
      Kimberly Stewart Ladd
      Associate Broker
      Office
      772 404 4450
      Agent
      772 299 8640
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