2410 N Federal Highway, Delray Beach, FL 33483
$8,100,000
Property Type:
Comm/Industry
Baths:
4
Square Footage:
8,656
Status:
Active
Current Price:
$8,100,000
Last Modified:
11/04/2023
Description
Introducing an exceptional investment opportunity! The iconic Ellie's 50s Diner has now become available for purchase. This prime property presents an array of investment opportunities. You can revive it as a classic restaurant, transform into a retail space, or undergo a remarkable transformation into a development site for 18 luxurious townhomes.
Situated on a spacious 1.61-acre lot on Federal Highway with a prominent frontage on Old Dixie Highway, this property boasts exceptional accessibility and visibility, ensuring a strategic advantage for your business venture. Whether you choose to operate it as a restaurant, lease it to a tenant, or embark on a full-scale property transformation, you'll benefit from a prime location just 2 miles North of the renowned Atlantic Avenue.
More Information MLS# RX-10888172
Contract Information
Status: Active
Original List Price: 8550000
Auction: No
List Price: $8,100,000
Current Price: $8,100,000
List Price/Bldg SqFt: 935.76
Listing Date: 2023-05-07
Comm/Non-Rep: 4%
Comm/Buyer Agent: 4%
Comm/Trans Brk: 4%
General Property Description
Type: Restaurant/Entertainment
For Sale: Yes
For Lease: No
Property Desc: Rest/redevelopment
Subdivision: DELRAY BEACH ESTATES
Year Built: 1970
Built Desc: Resale
SqFt - Living: 8656
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 1
Baths - Total: 4
Acres: 1.61
% Air Conditioned: 100
Waterfront: No
Location, Tax & Legal
Area: 4360
Geo Area: PB06
Country: United States
County: Palm Beach
Parcel ID: 12434604080000090
Street #: 2410
Street Dir: N
Street Name: Federal
Street Suffix: Highway
State/Province: FL
Zip Code: 33483
Multiple Ofrs Acptd: Yes
Zoning: GC(cit
Legal Desc: DELRAY BEACH ESTATES LTS 9 & 10
Tax Year: 2022
Real Estate Taxes: 43233.2
Geo Lat: 26.487965
Geo Lon: -80.065183
Remarks & Misc
Directions: From 95 - Atlantic Ave E, N on NE 6th Ave, property on W side of Federal Highway
Office/Member Info
DXORIGMLNO: RX-10888172
DXORIGMLSID: RML
Property Features
Use: Mixed
Type of Building: Commercial; Free Standing; Office/Retail; Retail
Sale Includes: Building and Land
Avail Docs: Survey
Avail Info: Existing Survey
Flooring: Tile
Cooling: Central
Heating: Central
Fire Protect: Sprinkler
Tenant Pays: None
Utilities: Electric; Municipal Water; Public Sewer
Roof: Tar/Gravel
Terms Considered: Cash; Conventional
Lease: None
Possession: At Closing
Listing Office: Ocean Delray Real Estate
Last Updated: November - 04 - 2023
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