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


Property

Website:https://www.nestseekers.com/5360543
Address:
Delray Beach, FL
Ownership: For Sale
Type: mixed-use
Lot Size: 0.3 Acres

Financials

Price:$4,990,000
Annual Taxes:$61,449.45

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

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Sotheby's Intl. Realty, Inc.

Delray Beach FL USA