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2410 N Federal Hwy
Delray Beach, FL 33483

Ellie's 50's Diner · Retail Property For Sale

Investment Highlights

  • The property can be opened as a restaurant, turned into retail space or redeveloped with the ability to build 19 luxury townhomes.
  • The adjacent property to the South is available for sale as well giving you the potential to make this a larger parcel to redevelop.
  • Operate as a restaurant, lease to a tenant or redevelop the property 2 miles north of famed Atlantic Avenue (Lot is 367 x 200')
  • Plans and renderings for 19 luxury townhouses are currently in progress and will be included in the sale.
  • 1.61 acres on Federal Highway with Old Dixie Highway frontage as well Great ingress & egress onto major roads

Executive Summary

The former, iconic Ellie's 50s Diner is now available for purchase. The options are almost endless for this property. The property can be opened as a restaurant, turned into retail space or redeveloped with the ability to build 18 luxury townhomes. Plans and renderings for 19 luxury townhouses are currently in progress and will be included in the sale. The adjacent property to the South is available for sale as well giving you the potential to make this a larger parcel to redevelop. 1.61 acres on Federal Highway with Old Dixie Highway frontage as well Great ingress & egress onto major roads Operate as a restaurant, lease to a tenant or redevelop the property 2 miles north of famed Atlantic Avenue (Lot is 367 x 200')

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,296 SF
Building Class
B
Year Built
1970
Price
$8,100,000
Price Per SF
$717
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.57 AC
Zoning
GC - General Commercial
Parking
79 Spaces (6.99 Spaces per 1,000 SF Leased)
Frontage
105 FT on N Federal Hwy

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-43-46-04-08-000-0090
Land Assessment
$2,460,990
Improvements Assessment
$1,147,306
Total Assessment
$3,608,296
  • Listing ID: 28618973

  • Date on Market: 5/31/2023

  • Last Updated:

  • Address: 2410 N Federal Hwy, Delray Beach, FL 33483

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