117 NE 5th Avenue, Delray Beach, FL 33483

1964

YEAR BUILT

$5,750,000

LISTING PRICE

Retail

TYPE

MLS#: RX-10950732

Type of Building: Commercial, Free Standing, Office Space, Office/Professional, Office/Retail, Other and Retail


For More Information Call:

561-283-4663

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.


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  • Acres0.32 acres
  • Available DocumentsAerial
  • Available InformationCopies of Lease, Existing Survey and Photos
  • CeilingExposed and Height Varies
  • CityDelray Beach
  • ConstructionConcrete and Stucco
  • CoolingCentral
  • CountyPalm Beach
  • Directions1 block North of Atlantic Ave on the NE corner of NE 5th Avenue & NE 1st Street in the middle of downtown Delray Beach.
  • Fire ProtectionSmoke Detector
  • FlooringCarpet and Tile
  • For LeaseNo
  • For SaleYes
  • HeatingCentral
  • LeaseSubject to Lease
  • Legal DescriptionTOWN 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
  • List Price$5,750,000
  • List Price/SqFt$922.36 / sqft
  • Listing DateTuesday, January 16th, 2024
  • Listing IDRX-10950732
  • Listing Price$5,750,000
  • Listing StatusActive
  • LocationCentral Business Dst
  • Miscellaneous 2Meeting Room, Office, Overhead Doors, Private Restroom, Rear Access, Reception Area, Separate Office Area, Showroom, Storage, Traffic Auto, Traffic Heavy and Traffic Pedestrian
  • Number of Meters3
  • Number of Stories1
  • Number of Toilets4
  • Percent Air Conditioned100%
  • PossessionAt Closing and Funding
  • Property DescriptionBLDG & Parking Lot
  • Property TypeCommercial
  • Real Estate Taxes$46,103.40
  • RoofOther
  • Sale IncludesBuilding and Land
  • Special InformationCorporate Owned and Use Conforms to Zone
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateTuesday, January 16th, 2024
  • Street Name5th
  • SubdivisionCentral Business District Town Of Delray
  • Tax Year2023
  • Tenant PaysElectric and Water
  • Terms ConsideredCash and Conventional
  • Total Building SqFt6,234 sqft
  • Total Units in Building2
  • TypeRetail
  • Type of BuildingCommercial, Free Standing, Office Space, Office/Professional, Office/Retail, Other and Retail
  • UtilitiesElectric, Public Sewer and Public Water
  • Virtual TourYes
  • Year Built1964
  • Zip Code33483
  • ZoningCBD

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