For Sale
$1,799,999

0 4Th AveDelray Beach, FL 33483

Prime Delray Beach retail space, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 705-square-foot storefront, situated on a 2,648-square-foot lot in Delray Beach, Florida's vibrant CBD, presents a compelling investment opportunity. The single-story, Class B building, constructed in 1950 and extensively renovated in 2022, boasts 680 square feet of net rentable space. Features include impact windows, a new HVAC system, a Rheem electric water heater, and a handicap-accessible restroom. The asking price is $1,799,999 ($2,553.19 per square foot). Its location, just 500 feet south of Atlantic Avenue and near the IPIC Theater, ensures high visibility and foot traffic. The property's permitted CBD zoning allows for diverse business ventures, and its proximity to new residential developments makes it an ideal candidate for redevelopment. This freestanding building offers a unique chance to establish a thriving retail presence in a bustling, high-demand area. The property is zoned for commercial use and offers significant potential for future growth and return on investment. The building's recent renovation ensures immediate occupancy and operational readiness.

Highlights

  • Excellent location, 500 feet south of Downtown Atlantic Avenue in Delray Beach, FL.
  • Prime redevelopment opportunity in a CBD-zoned area.
  • Close proximity to the IPIC Theater.
  • Freestanding 705 sq ft building on a 2,648 sq ft lot.
  • Recently renovated (2022) with new HVAC, water heater, and handicap-accessible restroom.

Property Details for 0 4Th Ave

Property type
Retail properties, Retail space
Square Feet
705 SF
Class
B
Year Built/Renovated
1950/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Delray Beach
County
Palm Beach
State
Florida
Latitude
26.4543384
Longitude
-80.0688991
4Th Ave, Delray Beach, Florida

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0 4Th Ave
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