Investment Highlights
Minutes to I-95, Atlantic Avenue, and the beach.
Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a revenue stream.
Rare CBD-RC zoning allows both residential and commercial use. Can build up to five floors.
Executive Summary
Investor?s dream! Motivated seller! Double lot gem (13,260sqft) and multiple use zoning in the booming SofA District in East Delray, just blocks from Atlantic Avenue and the beach. Rare CBD-RC zoning allows both residential and commercial use. New owner can build up to five floors for mixed use space. Current zoning allows for 30 units/acre. 70 units/acre allowed provided that the project contains 20% workforce housing. Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a steady revenue stream (please do not disturb tenants).
