Nest Seekers

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

Delray Beach, FL

Listing

Web ID:5360543
Website:https://www.nestseekers.com/5360543

Property

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

Financials

Price:$4,495,000
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.
Virtual Tour: https://www.dropbox.com/scl/fo/zevmyuvh1vdn0k9wv6238/AAizsIb97HtyZXCXgLsw1v8?dl=0&e=1&preview=124+NE+5th+Ave+reel+v2.mp4&rlkey=73mgy06sw2p5djao9zgr8zc2b&st=y69cyl5g

Amenities

  • Balcony
  • Electricity Connected
  • Elevators
  • Fire Alarm
  • Fire Sprinkler System
  • Landscaped
  • Rear Access
  • Security System Owned
  • Sewer Available
  • Sidewalks
  • Smoke Detectors
  • Water Available
  • 1st Floor
  • 1st Floor
  • 2nd Floor
  • 2nd Floor

Location

Delray Beach FL USA

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of Sotheby's Intl. Realty, Inc.
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