117 NE 5th AVE, Delray Beach, FL 33483 - MLS#RX-11118356

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Kate Zhurko

kate.zhurko@compass.com +1(954) 734-5980

Listed by Douglas Elliman

$5,000,000

Est. payment - /mo

4 Baths

7,267 SqFt

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,267 sqft

Price per Sqft $688

Subdivision Town Of Delray S 51.2 Ft Of Lt 9, Lt 10 & Th Pt Of Abnd St Lyg S Of & Adj To (Less W 10 Ft Rd R/W)

MLS Listing ID RX-11118356

Construction Status Resale

Year Built 1964

Annual Tax Amount $48,421

Tax Year 2024

Lot Size 0.320 Acres

Property Sub-Type Retail

Property Description

Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double lot offers redevelopment potential or keep AS IS. MULTI-USE COMMERCIAL PROPERTY WITH 17 SPACE OFF-STREET PARKING AREA IS A FREE STANDING CORNER 2-UNIT BUILDING AT THE NE INTERSECTION OF NE 5TH AVE & NE 1ST ST IN DOWTOWN DELRAY BEACH. UNIT A (TENANT OCCUPIED) HAS 3366 SQ FT PLUS A LOFT AREA OF 1033 SQ FT. CONSISTING OF OFFICES, CONFERENCE ROOM, RECEPTION AREA AND STORAGE. UNIT B (NOW VACANT) HAS 2868 SQ FT OF AVAILABLE FLOOR SPACE AND IS A LARGE, MOSTLY OPEN SHOWROOM, SPACE WITH AN OFFICE/WORK ROOM AND AN INVENTORY/STOCK ROOM IN BACK AREA WITH OVERHEAD GARAGE DOOR ACCESS. PROPERTY IS ZONED CBD. LOT IS .3226 ACRES/14052 SF (125X112.4

Location

State FL

County Palm Beach

Area 4360

Zoning CBD

Interior

Heating Central

Cooling Central Building

Flooring Ceramic Tile, Concrete

Fireplaces Type Sprinkler

Exterior

Utilities Available Electric, Public Sewer, Public Water

Waterfront Description None

Roof Type Other

Building

Story 100.00

Foundation CBS, Concrete, Stucco

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Kate Zhurko

+1(954) 734-5980

Broker Associate | License ID: 3229050

Broker Associate License ID: 3229050

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117 NE 5th AVE Delray Beach, FL 33483

Kate Zhurko

Key Details

Location

Interior

Exterior

Building

Others

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