802 SE 5th Avenue, Delray Beach, FL, 33483

802 SE 5th Avenue
Delray Beach FL 33483

Property

Ownership: Commercial
Type: Commercial
Area: 4370 sq ft

Financials

Price: $3,385,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Courtesy of Atlantic Waterfront Properties

Description

An amazing Delray Beach opportunity within this Commercial Investment restaurant property. Great and consistent cash flow with virtually no effort or cost to the owner. Property faces appr 211 feet on 5th Avenue which is southbound Federal Hwy and has heavy traffic passing all day, everyday. It's just south and within walking distance of Atlantic Avenue. The current tenant has an excellent reputation and has been established on site for 6 years with approximately 4 years left on the current NNN lease. Zoning is the broad and open Central Business District for considering future uses. CBD Zoning affords all the permitted uses of GC and a long list of others as well as countless conditional uses. An excellent building and almost 29,000 sf of improved land convey to the fortunate new owner.

Unbranded Virtual Tour: https://www.propertypanorama.com/802-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded

An amazing Delray Beach opportunity within this Commercial Investment restaurant property.

Description

An amazing Delray Beach opportunity within this Commercial Investment restaurant property. Great and consistent cash flow with virtually no effort or cost to the owner. Property faces appr 211 feet on 5th Avenue which is southbound Federal Hwy and has heavy traffic passing all day, everyday. It's just south and within walking distance of Atlantic Avenue. The current tenant has an excellent reputation and has been established on site for 6 years with approximately 4 years left on the current NNN lease. Zoning is the broad and open Central Business District for considering future uses. CBD Zoning affords all the permitted uses of GC and a long list of others as well as countless conditional uses. An excellent building and almost 29,000 sf of improved land convey to the fortunate new owner.

Unbranded Virtual Tour: https://www.propertypanorama.com/802-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded


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