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117 NE 5th Avenue, Delray Beach, FL 33483

$5,750,000
Property Type: Comm/Industry Baths: 4 Square Footage: 6,234 Status: Active
Current Price: $5,750,000 Last Modified: 4/22/2024

Description

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) INFORMATION CONTAINED HEREIN IS DEEMED RELIABLE BUT NOT GUARANTEED. BUYER(S) TO VERIFY ALL INFORMATION AND MEASUREMENTS TO THEIR SATISFACTION. LISTING SUBJECT TO ERRORS, OMISSIONS AND CHANGES WITHOUT NOTICE.

More Information MLS# RX-10950732

Contract Information

Status: Active Original List Price: 5750000 Auction: No List Price: $5,750,000 Current Price: $5,750,000 List Price/Bldg SqFt: 922.36 Listing Date: 2024-01-16 Comm/Non-Rep: 0% Comm/Buyer Agent: 3% Comm/Trans Brk: 3%

General Property Description

Type: Retail For Sale: Yes For Lease: No Property Desc: BLDG & Parking Lot Subdivision: Central Business District TOWN OF DELRAY Year Built: 1964 SqFt - Living: 6234 SqFt Source: Tax Rolls # of Stories: 1 Total Units: 2 Baths - Total: 4 Acres: 0.32 % Air Conditioned: 100

Location, Tax & Legal

Area: 4220 Geo Area: PB06 Country: United States County: Palm Beach Parcel ID: 12434616011070091 Street #: 117 Street Dir: NE Street Name: 5th Street Suffix: Avenue State/Province: FL Zip Code: 33483 Zoning: CBD Legal Desc: 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) BLK 107 Tax Year: 2023 Real Estate Taxes: 46103.4 Geo Lat: 26.463701 Geo Lon: -80.067819

Remarks & Misc

Directions: 1 block North of Atlantic Ave on the NE corner of NE 5th Avenue & NE 1st Street in the middle of downtown Delray Beach.

Office/Member Info

DXORIGMLNO: RX-10950732 DXORIGMLSID: RML

Property Features

Use: Professional Office; Retail Type of Building: Commercial; Free Standing; Office Space; Office/Professional; Office/Retail; Retail; Other Construction: Concrete; Stucco Ceiling: Exposed; Height Varies Location: Central Business Dst Sale Includes: Building and Land Avail Docs: Aerial Avail Info: Copies of Lease; Existing Survey Miscellaneous 2: Meeting Room; Office; Overhead Doors; Private Restroom; Rear Access; Reception Area; Separate Office Area; Showroom; Storage; Traffic Auto; Traffic Heavy; Traffic Pedestrian Flooring: Carpet; Tile Cooling: Central Heating: Central Fire Protect: Smoke Detector Special Info: Corporate Owned; Use Conforms to Zone Tenant Pays: Electric; Water Utilities: Electric; Public Sewer; Public Water Roof: Other Terms Considered: Cash; Conventional Lease: Subject to Lease Possession: At Closing; Funding
Listing Office: Douglas Elliman
Last Updated: April - 22 - 2024
117 NE 5th Avenue, Delray Beach, FL 33483- MLS# RX-10950732
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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