- Closed Deals
Description
Badcock Furniture Store – Sold for $4,500,000
Address: 2400 N Federal Hwy, Delray Beach, FL 33483
Prakas & Co. is proud to announce the sale of the Badcock Furniture property, a prime investment opportunity located on 1.37 acres of land along Federal Highway in Delray Beach, Florida. This transaction, completed in September 2022, represents a significant investment piece with incredible potential for future land development.
Key Highlights of the Deal:
- Sale Price: $4,500,000
- Property Size: 1.37 acres
- Building Details: 14,875 sq. ft., currently operating as a Badcock Furniture store
- Zoning: General Commercial (GC)
- Future Development Potential: Ideal for townhomes, residential multifamily projects, or mixed-use redevelopment
We had the privilege of representing both the buyer and seller in this strategic transaction. The property, located in a high-traffic corridor with 29,000 cars/day, offers incredible visibility and accessibility, making it a standout location for future redevelopment.
The buyer acquired this property as an investment piece with plans for long-term development, and the site remains operational as a Badcock Furniture store in the interim.
At Prakas & Co., we specialize in connecting buyers and sellers with opportunities that align with their visions, whether it’s an income-generating investment or a prime redevelopment opportunity.
- Size: 1.37 ACRES
- Zoning: Development
View on map / Neighborhood
This commercial property is located in Delray Beach is currently Closed Deals and has been listed on Prakas & Co. This property is listed at $ 4,500,000.00 and is listed as .
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Closed Deals
$ 4,500,000.00
Description
Badcock Furniture Store – Sold for $4,500,000
Address: 2400 N Federal Hwy, Delray Beach, FL 33483
Prakas & Co. is proud to announce the sale of the Badcock Furniture property, a prime investment opportunity located on 1.37 acres of land along Federal Highway in Delray Beach, Florida. This transaction, completed in September 2022, represents a significant investment piece with incredible potential for future land development.
Key Highlights of the Deal:
- Sale Price: $4,500,000
- Property Size: 1.37 acres
- Building Details: 14,875 sq. ft., currently operating as a Badcock Furniture store
- Zoning: General Commercial (GC)
- Future Development Potential: Ideal for townhomes, residential multifamily projects, or mixed-use redevelopment
We had the privilege of representing both the buyer and seller in this strategic transaction. The property, located in a high-traffic corridor with 29,000 cars/day, offers incredible visibility and accessibility, making it a standout location for future redevelopment.
The buyer acquired this property as an investment piece with plans for long-term development, and the site remains operational as a Badcock Furniture store in the interim.
At Prakas & Co., we specialize in connecting buyers and sellers with opportunities that align with their visions, whether it’s an income-generating investment or a prime redevelopment opportunity.
- Size: 1.37 ACRES
- Zoning: Development
View on map / Neighborhood
This commercial property is located in Delray Beach is currently Closed Deals and has been listed on Prakas & Co. This property is listed at $ 4,500,000.00 and is listed as .