280 6Th AveDelray Beach, FL 33483

Property Details for 280 6Th Ave

Year built

1950

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

1,780 SF

Zone code

CBD

Property type

Retail properties

Property subtype

Retail space

APN

12-43-46-16-01-106-0130

APU

12434616011060130

Description

This exceptional retail space at 280 NE 6th Avenue in Delray Beach, Florida, presents a unique opportunity for a short-term tenant. Located in the heart of the city's vibrant Central Business District (CBD), this single-tenant property boasts a beautifully renovated storefront, ready for immediate occupancy. The zoning designation is CBD, ensuring flexibility for a variety of retail uses. While the lot size is not specified, the property offers ample parking, a significant advantage in this high-traffic area. Its prime location on NE 6th Avenue places it in close proximity to established businesses such as the Hampton Social and Subculture Coffee, benefiting from the high foot traffic and visibility these anchor tenants provide. The property's address is 280 NE 6th Avenue, Delray Beach, FL 33483. The property features one suite within the building. This is an excellent opportunity for a pop-up shop or a business seeking a one-year lease in a highly desirable location. The property's APN is 12434616011060130. This location offers unparalleled access to the bustling commercial activity of US1. Don't miss this chance to secure a prime retail space in the heart of Delray Beach.

• CAP approach

  CAP return

  Valuation

  6%

  $804,771

  6.5%

  $742,865

  7%

  $689,803

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,201,782

  Geo Method

  $1,201,782

• Alternative Use

  Use

  Valuation

  Residential

  $626,635

  Hospitality

  $573,994

  Educational

  $477,556

  Medical

  $493,980

  Retail

  $742,865

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4666

Longitude

-80.0674

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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