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401 W Atlantic Avenue #r 11, Delray Beach
Rare opportunity to OWN a commercial property with a fully operating restaurant lease. Earn approx 5% income...3% Increase in a few months. 2+ years remain on lease. Tenant will renew with increases if new landlord wants.Tenant responsible for Insurance, Sales Tax, repairs & mt.
- MLS® #RX-10752111
- Square Footage1,100
- Year Built2004
- Sub-TypeIncome, Mixed, Other
- StyleCommercial Condo, Commercial, Income, Restaurant
- StatusActive Under Contract
- Utilities3-Phase Electric, Gas Natural, Separate Meter
- Lot Descriptionrestaurant
- RoofComp Rolled
- Listing OfficeUnited Realty Group, Inc
- Address401 W Atlantic Avenue #r 11
- SubdivisionAtlantic Grove
- CityDelray Beach
- CountyPalm Beach
- Zip Code33444
- AppliancesBuilding Only
- # of Stories3
- Date ListedOctober 14th, 2021
- Days on Market261
- Zoningmulti use
Price Change History for 401 W Atlantic Avenue #r 11, Delray Beach, FL (MLS® #RX-10752111)
|Active Under Contract||–||–|
|Price Reduced||$800,000||$50,000 (5.88%)|
|Price Reduced (from $900,000)||$850,000||$50,000 (5.56%)|
|Show More (1)|
|Active (from New)||–||–|
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Listing information last updated on July 2nd, 2022 at 7:37pm EDT.