367 NE 3rd Ave - Retail FOR SALE


Delray Beach, FL 33444- Downtown Delray Beach
$2,800,000 USD
954-907-1465
367 NE 3rd Ave, Delray Beach, FL for Sale
$2,800,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

367 NE 3rd Ave
Delray Beach, FL 33444
Downtown Delray Beach


HIGHLIGHTS

  • Prime Commercial property in the Arts District of rapidly developing Downtown Delray Beach, just steps from Atlantic Avenue.
  • It's location makes it highly desirable, ensuring strong appeal to both residents and businesses, perfectly positioned to maximize returns.
  • Atlantic Avenue is in the heart of Delray Beach, known for its vibrant and thriving dining, shopping, and entertainment scene.
  • This property is an exceptional opportunity for re-development, offering endless possibilities for retail, residential, office, or multi-family use.
  • This location is ideal for a mixed use property, featuring luxury residences with retail or office space below, & endless opportunity for high returns
  • A lucrative investment in one of South Florida's most vibrant markets!

OVERVIEW

Located in the dynamic Arts District of Downtown Delray Beach, this property is within walking distance to galleries, boutiques, shops, restaurants, and the new Ray Hotel is only steps away. This property offers high visibility and foot traffic. Enjoy the benefits of being near Atlantic Avenue, known for its thriving night life, dining and shopping, making this property ideal for attracting both locals and tourist. In a high growth area, Delray Beach continues to be a sought after destination for business owners, entrepreneurs, and creatives with ongoing development and a supportive community atmosphere. With convenient access to major highways, this location ensures ease of access for clients and customers. Don't miss out on a chance to invest in a rapidly growing area that offers endless potential for your business venture. Contact us today to explore the possibilities of this incredible property!

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,750 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opp-Retail-Restaurant-Multi-Fam

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CBD-RC

APN/PARCEL ID

12-43-46-16-01-089-0100

ASK ABOUT THIS PROPERTY

Melanie YearyLoKation Real EstateMore Info
954-907-1465

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Melanie YearyLoKation Real EstateMore Info
954-907-1465

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