2410 N Federal Hwy - Restaurant FOR SALE


Delray Beach, FL 33483
$8,100,000 USD
561-235-6801
2410 N Federal Hwy, Delray Beach, FL for Sale
$8,100,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

2410 N Federal Hwy
Delray Beach, FL 33483


HIGHLIGHTS

  • The property can be opened as a restaurant, turned into retail space or redeveloped with the ability to build 19 luxury townhomes.
  • Plans and renderings for 19 luxury townhouses are currently in progress and will be included in the sale.
  • The adjacent property to the South is available for sale as well giving you the potential to make this a larger parcel to redevelop.
  • 1.61 acres on Federal Highway with Old Dixie Highway frontage as well Great ingress & egress onto major roads
  • Operate as a restaurant, lease to a tenant or redevelop the property 2 miles north of famed Atlantic Avenue (Lot is 367 x 200')

OVERVIEW

The former, iconic Ellie's 50s Diner is now available for purchase. The options are almost endless for this property. The property can be opened as a restaurant, turned into retail space or redeveloped with the ability to build 18 luxury townhomes. Plans and renderings for 19 luxury townhouses are currently in progress and will be included in the sale. The adjacent property to the South is available for sale as well giving you the potential to make this a larger parcel to redevelop. 1.61 acres on Federal Highway with Old Dixie Highway frontage as well Great ingress & egress onto major roads Operate as a restaurant, lease to a tenant or redevelop the property 2 miles north of famed Atlantic Avenue (Lot is 367 x 200')

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$717 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ellie's 50's Diner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,389 SF

ZONING

GC

APN/PARCEL ID

12-43-46-04-08-000-0090

ASK ABOUT THIS PROPERTY

Mark BaroneCompassMore Info
561-235-6801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mark BaroneCompassMore Info
561-235-6801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.