802 SE 5th Avenue
802 SE 5th Avenue
802 SE 5th Avenue
802 SE 5th Avenue
802 SE 5th Avenue
802 SE 5th Avenue
802 SE 5th Avenue
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$3,385,000

802 SE 5th Avenue

Description

An amazing Delray Beach opportunity within this Commercial Investment restaurant property. Great and consistent cash flow with virtually no effort or cost to the owner. Property faces appr 211 feet on 5th Avenue which is southbound Federal Hwy and has heavy traffic passing all day, everyday. It's just south and within walking distance of Atlantic Avenue. The current tenant has an excellent reputation and has been established on site for 6 years with approximately 4 years left on the current NNN lease. Zoning is the broad and open Central Business District for considering future uses. CBD Zoning affords all the permitted uses of GC and a long list of others as well as countless conditional uses. An excellent building and almost 29,000 sf of improved land convey to the fortunate new owner.

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Location

802 SE 5th Avenue, Delray Beach, FL 33483

Status

For Sale
David Gunther

David Gunther

TITLE

Realtor®, Founding Partner

Geoff Braboy

Geoff Braboy

TITLE

Realtor®, Founding Partner

Property Amenities

Interior
Flooring Tile
Area & Lot
Lot Area 0.66 Acres
MLS® ID R10840836
Year Built 1976
Type COMMERCIAL
Status For Sale
Exterior
Stories 1
Air conditioning Central Air, Electric
Heat type Central, Electric
Water Source Public
Sewer Public Sewer
Lot Features Central Business District
Roof Concrete
Utilities Sewer Available, Water Available
Finance
Sales Price $3,385,000
Real Estate Tax $28,981

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