1700 Depot Ave - Light Manufacturing FOR SALE


Delray Beach, FL 33444- Outer Delray Beach
$6,500,000 USD
561-512-7512
1700 Depot Ave, Delray Beach, FL for Sale
$6,500,000 USD
Light Manufacturing - FOR SALE
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1700 Depot Ave
Delray Beach, FL 33444
Outer Delray Beach


HIGHLIGHTS

  • Interstate 95 Frontage

OVERVIEW

12,375 SF industrial building for sale in the heart of Delray Beach. The building was originally demised for 8 separate tenants when it was built in 1978. Currently over 50% of the building can be provided vacant for an owner/user. Most of the units are 100% air-conditioned and have very nice bathrooms, kitchenettes, countertops, and sinks. The building consists of (CBS) concrete block and stucco construction with a double-tee concrete and built-up roof system. There are (8) grade level doors on the west side of the building and (8) van height doors on the east side. There is 3-phase, 600 amp electrical service coming into the building and the clear height is 12 feet. Located directly on the southbound Interstate-95 exit ramp at Atlantic Avenue. This is north of the historic Flagler Railroad passenger depot in Delray Beach, which was purchased and renovated by the City of Delray Beach and used for governmental offices. Ideal for a car collector, for use as a “man cave,” personal storage or for any business that would benefit from Interstate-95 exposure. Site: The building is situated on .91 acres or a 39,640 SF lot. Zoned (MIC) Mixed Industrial & Commercial - Delray Beach. There is a large billboard sign on the site generating $35,000 per annum. Sale Price: $6,500,000. Please download the attached brochure for additional information and photographs. Please do not disturb existing tenants.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

16 Ft

DOCKS

8

DRIVE INS

8

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.91

LAND SF

39,535

ZONING

OS, Delray Beach

APN/PARCEL ID

12-43-46-18-00-000-1390

ASK ABOUT THIS PROPERTY

Kerry JacksonReichel Realty & Investments, Inc.More Info
561-512-7512

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Kerry JacksonReichel Realty & Investments, Inc.More Info
561-512-7512

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