Prime Downtown Delray Beach Federal Highway Development Corner Delray Beach - Atlantic Ave

$3,500,000
Property type: Development Land

The space

  • Land Size: 0.38 Sq Ft

Description

This Retail/Restaurant Property Can Be Yours!

This high traffic corner on Federal Highway is yours for the right price. This little money maker located at 85 Se 6th Ave in the highest traffic and consumer-driven city, Delray Beach. The property has over 13,225 SF of buildable land with ample free city parking right next door can be yours for the asking price of $3.500,000. The location, surrounded by several new development projects and several high traffic restaurants in the area.

  • Price $3,500,000
  • 13,225 SF of Buildable Land
  • Building Class C
  • Price Per SF $729
  • Lot Size 0.38 AC
  • Sale Type Investment
  • Gross Leasable Area 4,803 SF
  • Sale Conditions
  • Redevelopment Project No.
  • Stories 2
  • Property Type Retail
  • Year Built 1919
  • Property Sub-type Restaurant
  • Parking Ratio 10/1,000 SF

Contact us for more information or a showing:

Contact: 561.929.0111

A. Tom Prakas

tom@prakascompany.com

According to data USA:

Population Growth is up 2.17%

Median Age 46.2

Median Household Income $53,233.00/year

Median Property Value $240,800.00

https://datausa.io/profile/geo/delray-beach-fl/#about

Contact the Agent

Athan โ€œTomโ€ Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton. Through his years of experience and remarkable vision for the industry, Prakas and his company continually make restaurant and real estate headlines, not only in South Florida but nationally. Originally from Portsmouth, Ohio, Prakas grew up in Columbus and has 30 yearsโ€™ experience in the restaurant, nightclub, and sports bar industry. He owned 27 popular establishments throughout Ohio, Georgia, and South Florida. โ€œI knew I wanted to be in the industry after I vacationed in Fort Lauderdale for spring break during college, and I even modeled one of my first nightclubs in Columbus, Ohio, after a nightclub in Fort Lauderdale,โ€ said Prakas. Prakas was recently selected by world-famous Chef Alan Susser to roll out Susserโ€™s new full-service gourmet…





1-561-368-0003