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Enrique Urdaneta

enrique.urdaneta@engelvoelkers.com +1(561) 245-0634

$ 5,000,000

Est. payment -/mo

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Active

117 NE 5th AVE Delray Beach, FL 33483

7,267 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,267 sqft

Price per Sqft $688

MLS Listing ID R11118356

HOA Y/N No

Year Built 1964

Annual Tax Amount $48,421

Tax Year 2024

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Retail

Property Description

Prime Downtown Delray Beach Location just one block off Atlantic Avenue. Double corner 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 (NOW VACANT) 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

Interior

Heating Central

Cooling Central Air

Flooring Concrete, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Exterior Feature None

Utilities Available Electricity Available

Roof Type Built-Up,Other

Total Parking Spaces 17

Private Pool Yes

Building

Lot Description <1 Acre, Corner Lot, 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Stucco

Others

Senior Community No

Tax ID 12434616011070091

Security Features Closed Circuit Camera(s),Fire Alarm,Smoke Detector(s),Fire Sprinkler System

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/117-NE-5th-Avenue-Delray-Beach-FL-33483/unbranded

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Douglas Elliman

Enrique Urdaneta

Advisor | License ID: 3308209

+1(561) 245-0634

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