FL > Delray Beach > Antique Experience
Delray Beach, FL 33483,504 E Atlantic AVE
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Olivia Bardinelli

Olivia Bardinelli

+1(561) 400-9657
Listed by Atlantic One Realty Group LLC
$ 3,955,000
Est. payment | /mo

4 Baths

2,902 SqFt

Save
$ 3,955,000
Est. payment | /mo
Save

4 Baths

2,902 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,902 sqft

Price per Sqft $1,362

Subdivision Antique Experience

MLS Listing ID RX-11140139

Year Built 1935

Annual Tax Amount $39,721

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

Incredible restaurant-anchored mixed-use property located at 504 E Atlantic Avenue in Delray Beach, Florida. This investment property allows an investor to secure a free-standing building with built-in upside, including three units in the center of Downtown Delray Beach. This asset boasts a restaurant use on the ground floor below at a market rent, providing future upside. Moreover, the second floor currently operates as two office spaces that are leased at below-market rents as well. This property sits in a strong location at the intersection of Federal Highway and Atlantic Avenue. The property is being sold stabilized with value-add opportunities surrounding the second floor and through future repositioning of the restaurant with a higher rental structure and the ability to

Location

State FL

County Palm Beach

Area 4230

Zoning CBD(ci

Interior

Heating Central

Cooling Central

Flooring Other

Fireplaces Type Smoke Alarm, Smoke Detector

Exterior

Utilities Available Cable, Gas Natural, Municipal Water, Public Sewer, Separate Meter

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Olivia Bardinelli

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 400-9657

info@allbusinessre.com

3200 N Military Trl, Ste. 110, Raton, FL, 33431

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504 E Atlantic AVE