Homes for sale - 524 W Atlantic AVE, Delray Beach, FL 33444

Delray Beach, FL 33444,524 W Atlantic AVE

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Debora Kampf

debora@mygreathomes.com +1(630) 253-4622

Listed by Atlantic One Realty Group LLC

$ 1,100,000

Est. payment | -/mo

2 Baths

1,280 SqFt

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$ 1,100,000

Est. payment | -/mo

Save

2 Baths

1,280 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Pending

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $859

Subdivision Delray Town Of

MLS Listing ID RX-10338648

Year Built 1956

Annual Tax Amount $4,105

Tax Year 2016

Lot Size 4,356 Sqft

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.

Location

State FL

County Palm Beach

Area 4470

Zoning CBD(ci

Interior

Heating Central

Cooling Central

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Electric, Public Sewer, Public Water

Waterfront No

Roof Type Other

Building

Story 100.00

Foundation CBS

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

GET MORE INFORMATION

Debora Kampf

REALTOR® | Lic# SL3530325

debora@mygreathomes.com

+1(630) 253-4622

10752 Deerwood Park Suite 100, Jacksonville, FL, 32256, USA

524 W Atlantic AVE Delray Beach, FL 33444

Debora Kampf

Debora Kampf

Key Details

Location

Interior

Exterior

Building

Others

524 W Atlantic AVE