123 E Atlantic Ave

123 E Atlantic Ave , Delray Beach, Florida, 33444 | 1,924 sq.f | $ 4,200,000

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About This Restaurant

Investment Highlights

Delray Beach's Central Business District (CBD) is established to preserve and protect the cultural and historic aspects of downtown. Downtown Atlantic Ave most all buildings are located at street level with the sidewalks out front of their spaces. At 123 E. Atlantic Ave, you're not just purchasing a property?you're investing in the promise of endless possibilities.

Executive Summary

Delray Beach, FL. Exciting Opportunity Downtown Atlantic Avenue.Currently there are no tenants in the building on the first floor. Second floor apartment is leased month to month and tenant will vacate upon a closing of the property.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 property?you'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 downtown?opportunity awaits at 123 E. Atlantic Ave.The first floor has been many different uses from it's beginnings as a barber shop to coffee house location and other retail uses.PROPERTY DESCRIPTIONThe 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.LOCATION DESCRIPTIONDiscover 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 endlesspotential for growth and success.SITE DESCRIPTIONDowntown Atlantic Ave most all buildings are located at street level with the sidewalks out front of their spaces.EXTERIOR DESCRIPTIONThe facade of this property exudes timeless appeal, with its classic architectural details and tasteful accents that seamlessly blend with the vibrant atmosphere of downtown Delray Beach. 123 E. Atlantic Ave is more than just a property; it's a destination where culinary delights and retail treasures await discovery. With its charming exterior and inviting outdoor seating, this space promises to captivate the imagination and create memorable experiences for years to come. 123 E. Atlantic Ave is more than just a property; it's a destinationwhere culinary delights and retail treasures await discovery. With its charming exterior and inviting outdoor seating, this spacepromises to captivate the imagination and create memorable experiences for years to come.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Freestanding General Retail Restaurant General Retail Storefront Storefront Retail/Office
  • Building Size    1,924
  • Building Class    C
  • Year Built    1950
  • Price    4,200,000
  • Price Per SF    2,183
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.54
  • Land Acres    0.08 AC

Nearby Amenities & Transportation

Retail Peet's Coffee
Retail Truist
Retail Burgerim
Retail Starbucks
Retail BankUnited
Retail Northern Trust Corporation
Retail Checkers
Retail Seacoast National Bank
Retail Anthony's Coal Fired Pizza
Retail Yolk

Property Taxes

Parcel Number 12-43-46-16-01-076-0161 Improvements Assessment $0
Land Assessment $0 Total Assessment $941,939
Date Created: 2024-07-16 04:13:31 Last Updated: 2024-07-16 04:13:31
Address: 123 E Atlantic Ave , Delray Beach, Florida, 33444