For Sale
$2,350,000

4561 Atlantic AveDelray Beach, FL 33445

Prime Atlantic Ave. Retail Space, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2,400 square foot retail property, located at 4561 W Atlantic Avenue in Delray Beach, Florida, presents a compelling investment opportunity. Built in 1973, this single-unit building sits on a lot with no specified square footage. The asking price is $2,350,000. The property boasts an enviable location on Atlantic Avenue, a high-traffic area, as evidenced by a readily available traffic study. This presents a significant advantage for any business seeking high visibility and customer reach. A key feature of this property is its significant development potential. According to the current owner, the existing structure allows for the addition of two more stories, opening up exciting possibilities for mixed-use development, combining commercial space with residential units. This expansion would significantly increase the property's value and rental income potential. The property's location in Palm Beach County, Florida, zip code 33445, offers easy access to major transportation routes and a thriving local economy. This is a rare chance to acquire a well-situated retail property with substantial upside potential in a desirable location. The property is zoned for commercial use and offers a unique opportunity for both immediate income generation and future expansion. Detailed information regarding the traffic study and development plans is available upon request.

Highlights

  • 2,400 SF retail building at 4561 W Atlantic Ave, Delray Beach, FL 33445.
  • Asking price: $2,350,000.
  • High-traffic location on Atlantic Avenue with readily available traffic study.
  • Significant development potential: add two stories for mixed-use development.
  • Commercial zoning.

Property Details for 4561 Atlantic Ave

Property type
Retail properties
Square Feet
2,400 SF
Year Built
1973
Units
1

Location Insight

City
Delray Beach
County
Palm Beach
State
Florida
Latitude
26.4582373
Longitude
-80.11505
4561 Atlantic Ave, Delray Beach, Florida

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4561 Atlantic Ave
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