W Atlantic Delray Beach, FL 33444
$1,100,000   BR 0BA 0SqFt   Back to Results
List Price
$1,100,000
Price Change
No Change
MLS#
RX-10338648
Status
Pending
Type
Commercial
Building Name
City
Delray Beach
Bedrooms
Full Bathrooms
Half Bathrooms
Year Built

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.

Additional Information


Area
4470
Zoning
CBD(ci
Taxes
$4,106
Tax Year
2016
Parcel Id
12434616010210130
Legal Description
TOWN OF DELRAY E 50 FT OF W 175 FT OF S 90 FT OF N 110 FT BLK 21
List Price Sqft
$859
Source
BEA
Listing courtesy of Atlantic One Realty Group LLC (561) 203-5170
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