117 NE 5th Ave - Storefront Retail/Office FOR SALE


Delray Beach, FL 33483- Downtown Delray Beach
$5,000,000 USD
561-870-8855
117 NE 5th Ave, Delray Beach, FL for Sale
$5,000,000 USD
Storefront Retail/Office - FOR SALE
1/48
null | Request Cap Rate

117 NE 5th Ave
Delray Beach, FL 33483
Downtown Delray Beach


HIGHLIGHTS

  • corner highly visible property just one block north of Atlantic Avenue
  • 17 parking spaces includes one handicapped on site (parking lot) double lot property
  • CBD Zoning - High density for redevelopment

OVERVIEW

Multi-use commercial property with 17 space off street parking lot. A free standing corner 2-unit building on a double lot located at the intersection of NE 5th Avenue & NE 1st Street in Downtown Delray Beach. Unit A (Tenant Occupied) has 3366 sq ft plus a loft area of 1033 sq ft consisting of offices, conference room, reception area and storage. Unit B (now vacant)has 2,868 sq ft of available floor space & is a large, mostly open showroom, space with an office/work room and an inventory/stock room in back area with overhead garage door access. Property is zoned CBD. Lot is .3226 ACcres/14052 SF (125 x 112.4)

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$802 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

CBD, Delray Beach

APN/PARCEL ID

12-43-46-16-01-107-0091

ASK ABOUT THIS PROPERTY

Cheran MarekDouglas EllimanMore Info
561-870-8855

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Cheran MarekDouglas EllimanMore Info
561-870-8855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.