306 NE 2nd Street
Delray Beach, FL 33483

Property

Ownership: Commercial
Type: Industrial
Area: 4460 sq ft

Financials

Price: $8,100,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Courtesy of Van Arnem Properties Inc.

Description

This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.

Unbranded Virtual Tour: https://www.propertypanorama.com/306-NE-2nd-Street-Delray-Beach-FL-33483/unbranded

This property consists of two parcels combined.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.