341 SE 2nd Ave - Restaurant FOR SALE


Delray Beach, FL 33483- Outer Delray Beach
$3,200,000 USD
561-542-4533
341 SE 2nd Ave, Delray Beach, FL for Sale
$3,200,000 USD
Restaurant - FOR SALE
1/25
null | 1.18% Cap Rate

341 SE 2nd Ave
Delray Beach, FL 33483
Outer Delray Beach


HIGHLIGHTS

  • RARE DOUBLE LOT (13,260 SQFT)
  • AAA LOCATION ADJACENT TO DOWNTOWN DELRAY
  • STEADY INCOME

OVERVIEW

***INVESOR'S DREAM IN EAST DELRAY!*** Rare double lot (13,260 sqft) in the booming SofA District, just blocks from Atlantic Ave and the beach. Prime CBD-RC zoning allows residential, commercial, or mixed-use up to 5 stories. Build 30 units/acre or up to 70 units/acre with 20% workforce housing. Ideal for multifamily, light industrial, or warehouse use. Month-to-month tenants provide steady income while planning your project. Don’t miss this rare opportunity in one of Delray’s fastest-growing areas!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$640 USD /SF

CAP RATE

1.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

CBD-RC

APN/PARCEL ID

12-43-46-16-04-088-0060

ASK ABOUT THIS PROPERTY

Mark HowardCypress Realty & InvestmentsMore Info
561-542-4533

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Mark HowardCypress Realty & InvestmentsMore Info
561-542-4533

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