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166 SE 2nd Ave
Delray Beach, FL 33444
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,641 SF
Building Class
C
Year Built/Renovated
1967/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.18 AC
Zoning
CBD
Parking
5 Spaces (0.75 Spaces per 1,000 SF Leased)
Frontage
58’ on 2nd Ave

AMENITIES

  • Fenced Lot

ABOUT 166 SE 2ND AVE , DELRAY BEACH, FL 33444

Kevro's Art Bar is a 2,094 square foot, stand-alone bar with 4,359 square foot fenced in patio located in downtown Delray Beach, Florida. This property provides a rare opportunity to purchase a turnkey bar in the exploding downtown area of Delray Beach (The SOFA District). The City of Delray Beach has strict ordinances that do not allow free-standing bars within a 750-foot distance of one and another. This key location with a fully operational bar provides a barrier of entry that competition cannot overcome. Located in Downtown Delray Beach.The property is directly adjacent to the Related Group's brand new SOFA apartment development that just sold for 62 million dollars. It is also next to another 70+ high-end condominiums currently under construction titled 111 First Avenue. The land under this 111 project had sold for about $9,000,000 an acre and is directly behind the subject investment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-43-46-16-01-078-0131
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,021,140
  • Listing ID: 3626189

  • Date on Market: 9/23/2016

  • Last Updated:

  • Address: 166 SE 2nd Ave, Delray Beach, FL 33444

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