0 4Th AveDelray Beach, FL 33483

Property Details for 0 4Th Ave

Year built

1950

Property size (Sq ft)

705 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4543

Longitude

-80.0689

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