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About This Home
This 0-bedroom, 0-bathroom commercial at 504 E Atlantic Avenue in Delray Beach, FL is listed for $3,955,000 ($1,363 per sqft). Built in 1935, the home offers 2,902 sqft of living space on a 0.07 acres lot.
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
Key Features
- Built in 1935
- 0.07 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$21,152/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
504 E Atlantic Avenue
Delray Beach, FL 33483
ANTIQUE EXPERIENCE
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 504 E Atlantic Avenue is listed at $3,955,000 ($1,363/sqft). The estimated monthly payment is $17,138 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.07 acre lot, 2 stories.
This property is listed by Todd Wilson and can be reached at 5614364467 or toddmwilsonpa@comcast.net.
