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524 Atlantic Avenue

Delray Beach, Florida, 33444, United States

Property ID: #1402730 // Commercial // Source Status: Pending
524 Atlantic Avenue
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Traditional Sale
List Price:
$1,100,000.00
Icon 1,280 ft²
Icon - acres
Icon - beds
Icon - baths
Address:
524 Atlantic Avenue
City:
Delray Beach
State:
Florida
Zip Code:
33444
County:
Palm Beach
Subdivision:
DELRAY TOWN OF
Country:
United States
Property Type:
Commercial
Additional Property Types:
Industrial
Year Built:
1956
Property Size:
1,280 ft²
Data Source:
Regional Association of the Palm Beaches
MLS/Reference Number(s):
RX-10338648
Source Status:
Pending
Source Property Type:
Commercial, Industrial

Property Provided By

  • Todd Wilson
  • Atlantic One Realty Group LLC
  • +1 (561) 436-4467

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Source Disclaimer

Regional Association of the Palm Beaches

Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.
Courtesy of Atlantic One Realty Group LLC toddmwilsonpa@comcast.net
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
This content last updated on 2024-10-14 20:58:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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