- 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
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