401 NE 6th Ave - Service FOR SALE


Delray Beach, FL 33483- Outer Delray Beach
$2,500,000 USD
954-377-0474
401 NE 6th Ave, Delray Beach, FL for Sale
$2,500,000 USD
Service - FOR SALE
1/9
null | Request Cap Rate

401 NE 6th Ave
Delray Beach, FL 33483
Outer Delray Beach


HIGHLIGHTS

  • Signalized hard-corner site with multiple access points
  • Short-term lease provides income during entitlement phase
  • Located just 0.5 miles from Atlantic Avenue and the Intracoastal
  • Clean Phase II environmental assessment completed
  • Directly across from Publix-anchored retail center

OVERVIEW

Positioned at a signalized hard corner just four blocks north of Atlantic Avenue, 401 NE 6th Ave presents a rare opportunity to acquire a prime redevelopment site in the heart of Delray Beach’s urban core. This ±0.31-acre parcel is zoned CBD (Central Core Sub-District), offering exceptional flexibility for a wide range of uses including multifamily, retail, or mixed-use development. With the potential to accommodate up to 30 units per acre, the site is ideal for boutique residential or urban infill projects. Currently improved with a 3,780 SF industrial building, the property benefits from a short-term lease that provides immediate income while entitlements are pursued. The site’s clean Phase II environmental report and its strategic location—directly across from a Publix-anchored center—enhance its development readiness. Multiple ingress/egress points and strong visibility from both NE 6th Ave and NE 4th St further elevate its appeal. Surrounded by luxury homes, active townhome developments, and walkable amenities, the property sits within one of South Florida’s most dynamic submarkets. Recent nearby land sales reflect strong demand and rising values, with comparable pricing reaching over $230/SF. This is a compelling opportunity for developers and investors seeking a high-visibility, income-generating asset with long-term upside in a thriving coastal market.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Delray Muffler House

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.31

LAND SF

13,504

ZONING

CBD

APN/PARCEL ID

12-43-46-09-30-000-0260

ASK ABOUT THIS PROPERTY

Scott O'DonnellCushman & WakefieldMore Info
954-377-0474

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Scott O'DonnellCushman & WakefieldMore Info
954-377-0474

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