123 E Atlantic Avenue, Delray Beach, FL 33444 (MLS# RX-10984854)

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123 E Atlantic Avenue, Delray Beach, FL 33444

$4,200,000
Property Type: Comm/Industry Baths: 2 Square Footage: 1,924 Status: Active
Current Price: $4,200,000 Last Modified: 5/06/2024

Description

Delray Beach, FL. Exciting Opportunity Downtown Atlantic Avenue. Nestled in the heart of Delray Beach's bustling downtown, 123 E. Atlantic Ave offers a prime opportunity for entrepreneurs and investors alike to tap into the vibrant pulse of this thriving community. Boasting a dynamic mix of tourists and locals, Delray Beach is renowned for its eclectic charm, lively atmosphere, and boundless opportunities for culinary and retail ventures. As you step onto Atlantic Avenue, you're greeted by a kaleidoscope of sights, sounds, and flavors. This lively thoroughfare is the beating heart of Delray Beach, pulsating with the energy of bustling cafes, chic boutiques, and enticing eateries. From cozy bistros serving up gourmet delights to trendy cocktail bars. SEE ADDITIONAL REMARKS FOR DETAILS

Supplements: Delray Beach, FL. Exciting Opportunity Downtown Atlantic Avenue. Nestled in the heart of Delray Beach's bustling downtown, 123 E. Atlantic Ave offers a prime opportunity for entrepreneurs and investors alike to tap into the vibrant pulse of this thriving community. Boasting a dynamic mix of tourists and locals, Delray Beach is renowned for its eclectic charm, lively atmosphere, and boundless opportunities for culinary and retail ventures. As you step onto Atlantic Avenue, you're greeted by a kaleidoscope of sights, sounds, and flavors. This lively thoroughfare is the beating heart of Delray Beach, pulsating with the energy of bustling cafes, chic boutiques, and enticing eateries. From cozy bistros serving up gourmet delights to trendy cocktail bars brimming with character, there's something to tantalize every palate along this iconic strip. At 123 E. Atlantic Ave, you're not just purchasing a propertyyou're investing in the promise of endless possibilities. With its generous square footage and the potential to expand, this versatile space offers the ideal canvas for crafting your dream restaurant or retail haven. The first floor's 1200 sq. ft. provides ample room for creative layout designs, while the option to add an additional possible 1500 sq. ft. at the back of the property opens up a world of expansion opportunities. Convenience is key, and with four parking spaces located at the rear of the property, patrons can easily access your establishment, ensuring a steady stream of foot traffic year-round. Whether it's a cozy cafe, a trendy boutique, or a gourmet food emporium, the possibilities are limited only by your imagination. Parking Decks are provided around the City for your convenience. Plus on Street Parking. Delray Beach's appeal extends far beyond its sandy shores; it's a destination where dreams are realized and futures are secured. Investing in property along Atlantic Ave is more than just a transaction; it's a stake in the vibrant tapestry of this beloved community. Don't miss your chance to claim your piece of paradise in Delray Beach's bustling downtownopportunity awaits at 123 E. Atlantic Ave. The first floor has been many different uses from it's beginnings as a barber shop to a coffee house location and other retail uses. Don't miss this opportunity to own a piece of real estate downtown Delray Beach. Discover the vibrant allure of Delray Beach, FL, an enticing destination for office investors. Nestled within the sought-after 33444 zip code, the area offers a fusion of coastal charm and urban vitality. With a mix of trendy boutiques, art galleries, and acclaimed restaurants along Atlantic Avenue, the location embodies a dynamic atmosphere perfect for attracting top talent. Moments from the property, the renowned Pineapple Grove Arts District and the pristine beaches beckon professionals to live, work, and play in this thriving community. Delray Beach also boasts convenient access to major highways and airports, enhancing its appeal as a strategic business hub with endless potential for growth and success.

More Information MLS# RX-10984854

Contract Information

Status: Active Original List Price: 4200000 Auction: No List Price: $4,200,000 Current Price: $4,200,000 List Price/Bldg SqFt: 2182.95 Listing Date: 2024-05-03 Comm/Non-Rep: 0% Comm/Buyer Agent: 1% Comm/Trans Brk: 1%

General Property Description

Type: Retail For Sale: Yes For Lease: No Property Desc: Atlantic Ave Subdivision: DELRAY TOWN OF Year Built: 1950 SqFt - Living: 1924 SqFt Source: Tax Rolls # of Stories: 2 Total Units: 2 Baths - Total: 2 Acres: 0.07 % Air Conditioned: 100 Waterfront: No

Location, Tax & Legal

Area: 4370 Geo Area: PB06 Country: United States County: Palm Beach Parcel ID: 12434616010760161 Street #: 123 Street Dir: E Street Name: Atlantic Street Suffix: Avenue State/Province: FL Zip Code: 33444 Multiple Ofrs Acptd: Yes Zoning: CBD(ci Legal Desc: TOWN OF DELRAY E 23.16 FT OF LT 16 BLK 76 Tax Year: 2023 Real Estate Taxes: 25650.9 Geo Lat: 26.461917 Geo Lon: -80.071491

Remarks & Misc

Directions: Exit route 95 go East to 123 Atlantic Ave on the left.

Office/Member Info

DXORIGMLNO: RX-10984854 DXORIGMLSID: RML

Property Features

Use: Income; Retail Type of Building: Commercial; Free Standing; Lounge; Office/Retail; Restaurant; Retail; Tavern Bar Sale Includes: Building and Land Avail Docs: None Avail Info: None Flooring: Ceramic Tile Cooling: Central Heating: Central Fire Protect: Smoke Alarm Tenant Pays: Common Area Maint.; Electric; Insurance; Taxes Utilities: Cable; Public Sewer; Public Water Roof: Other Terms Considered: Cash; Conventional Lease: None Possession: At Closing
Listing Office: The Keyes Company
Last Updated: May - 06 - 2024
123 E Atlantic Avenue, Delray Beach, FL 33444- MLS# RX-10984854
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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