Industrial property in 524 W Atlantic Avenue, Delray Beach, FL 33444 for sale with MLS# R10338648
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. This corridor will be seeing a lot of big investment and transformation in the next few years with a new grocery store going in on the next block west of this property and much more new development planned for this specific corridor called The Set. Features include: Stand Alone Bar Zoning- 750 foot radius use restriction, Frontage on Atlantic Avenue, Adjacent to City Ampitheatre, High Barrier to Entry Use in this Market, New Grocery Store Being Developed Directly to the West and Bite-size Commercial Deal in a Hot Area.
524 W Atlantic Avenue, Delray Beach, FL 33444
- Price:
- $1,100,000.00
- Original List Price:
- $1,100,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $859.37
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending
- Listing Category:
- Commercial Sale
- Property Type:
- Industrial
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- August 14, 2017 2:53 pm
- Bathrooms Total:
- 2
- Built-Up Area:
- 1,280 Sqft
- Lot Area:
- 4,356 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.1
- Security:
- Smoke Detector(s)
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Building:
- Free Standing
- Year Built:
- 1956
- Roof:
- Other
- Number of Units Total:
- 1
- Construction Materials:
- CBS
- Flooring:
- Tile
- Stories:
- 1
- Tax Annual Amount:
- $4,105.57
- Tax Year:
- 2016
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Existing Survey
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- TOWN OF DELRAY E 50 FT OF W 175 FT OF S 90 FT OF N 110 FT BLK 21
- Real Estate Folio Number (Parcel Number):
- 12434616010210130
- Zoning:
- CBD(ci
- Active on the market since:
- May 31, 2017
- Listing Agreement executed on:
- May 31, 2017
- Purchase Contract Date:
- August 14, 2017
- Listing Status Last Changed On:
- August 14, 2017 2:53 pm
- Photos updated on:
- December 24, 2025 9:54 pm
- Last Modified:
- October 19, 2026 12:36 pm
- Courtesy of:
- Atlantic One Realty Group LLC
- Attribution:
- Not provided
- Street Name:
- Atlantic
- Street Number:
- 524
- City:
- Delray Beach
- State:
- Florida
- Zip Code:
- 33444
- County:
- Palm Beach
- Latitude:
- N26° 27' 40.9''
- Longitude:
- W81° 55' 16.9''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- W
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 524 W Atlantic Avenue, Delray Beach, FL 33444
