Pending
524 W Atlantic Avenue
Delray Beach FL, 33444
$1,100,000
Pending
Commercial
Built in 1956
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.
R10338648
MLSⓇ ID
May 31, 2017
Listed
November 22, 2024
Updated
Map
524 W Atlantic Avenue
Delray Beach FL, 33444
Interior Features
Total Stories
1
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.1 Acres
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
4470
Taxes
$4,106
Tax Frequency
Annually
Days on Market
75
Garage
No
View
No
County
Palm Beach
Water Source
Public
Pool
No
Listed by: Atlantic One Realty Group LLC
Listing Contact:
All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.
©2025 Association of Palm Beaches. All rights reserved.
Data last updated 6:37 PM UTC, 11/22/2024