2410 N Federal Hwy | Delray Beach, FL 33483
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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
Development Sale
Property Type
Retail
Property Subtype
Building Size
11,296 SF
Building Class
B
Year Built
1970
Price
£6,380,370
Price Per SF
£565
Tenancy
Single
Number of Floors
1
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
| Parcel Number | 12-43-46-04-08-000-0090 | Improvements Assessment | £903,733 |
| Land Assessment | £1,938,522 | Total Assessment | £2,842,255 |
PROPERTY TAXES
Parcel Number
12-43-46-04-08-000-0090
Land Assessment
£1,938,522
Improvements Assessment
£903,733
Total Assessment
£2,842,255
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