Delray Beach, FL

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 0.3 Acres

Financials

Price:$4,990,000
Annual Taxes:$61,449.45
505 Park Ave, New York, NY 10022
Listing Courtesy of Sotheby's Intl. Realty, Inc.

124 NE 5th Ave offers a rare opportunity to acquire a free standing commercial property in the CBD of Delray Beach.

Description

124 NE 5th Ave offers a rare opportunity to acquire a free-standing commercial property in the CBD of Delray Beach. Built in 2018, this Art Deco-inspired building totals 6,364 SF, including 2,336 SF of unfinished second-floor space for expansion or income potential. Features include a full commercial kitchen, café/soda fountain layout, and a new commercial elevator. Situated on 0.31 acres with 15 parking spaces and a backup generator. Located one block from Atlantic Avenue, offering strong visibility and walkability. CBD zoning allows for diverse commercial uses. Existing business will relocate upon sale.

Amenities

  • Balcony
  • Electricity Connected
  • Elevators
  • Fire Alarm
  • Fire Sprinkler System
  • Landscaped
  • Rear Access
  • Security System Owned
  • Sewer Available
  • Sidewalks
  • Smoke Detectors
  • Water Available

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.