117 5 Ave Delray BchDelray Beach, FL 33483

Property Details for 117 5 Ave Delray Bch

Year built

1964

Property size (Sq ft)

7,267 SF

Property type

Retail properties

Description

This exceptional multi-use commercial property, located at 117 NE 5th Avenue in Delray Beach, Florida, presents a compelling investment opportunity. Priced at $5,750,000, this free-standing, corner building boasts 7,267 square feet across two units. Unit A, currently tenant-occupied, comprises 3,366 square feet of office space, including a 1,033 square foot loft, featuring offices, a conference room, reception area, and storage. Unit B, a vacant 2,868 square foot space, offers a large, open showroom area, an office/work room, and a rear inventory/stock room with overhead garage door access. The property includes a valuable 17-space off-street parking area. Situated at the northeast intersection of NE 5th Avenue and NE 1st Street in downtown Delray Beach, this property benefits from a CBD zoning designation. The lot size is approximately 0.3226 acres (14,052 square feet), measuring roughly 125 feet by 112.4 feet. Built in 1964, this single-story building offers significant potential for a variety of commercial uses. All information is deemed reliable but not guaranteed; buyers are advised to verify all details independently. This listing is subject to errors, omissions, and changes without notice.

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4637

Longitude

-80.0678

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