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19 E 23 SE 5th Ave
Delray Beach, FL 33483

Downtown Delray Beach Investment Opportunity · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,902 SF
Building Class
B
Year Built/Renovated
1935/2015
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.21 AC
Zoning
CBD - Central Business District
Parking
11 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
61 FT on SE 5th Ave

Amenities

  • Air Conditioning

About 19 E 23 SE 5th Ave , Delray Beach, FL 33483

Existing building containing full service restaurant on ground floor of approx. 1,500 SF along with two (2) 2nd floor office suites of approximately 800 SF each. This property is ideally situated just south of Atlantic Avenue in Downtown Delray Beach and directly across the street from the brand new IPic Theaters that are in the final stages of construction. Impact glass, doors and windows are contained throughout this building along with new HVAC equipment. Great opportunity to purchase a retail/office property in the "path of progress" in Delray Beach. Most property sales in the area over the last year have been considerably higher based on the sales price per square foot and, thus, this property is extremely attractive to all passive and/or active investors.. there also exists an opportunity for an owner/user to occupy one of the offices on the 2nd floor upon the lease expiration of one of the existing tenants.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-43-46-16-G6-000-0020
Land Assessment
$1,387,903
Improvements Assessment
$656,485
Total Assessment
$2,044,388
  • Listing ID: 14770631

  • Date on Market: 1/4/2019

  • Last Updated:

  • Address: 19 E 23 SE 5th Ave, Delray Beach, FL 33483

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