367 NE 3rd Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
367 NE 3rd Ave
1,600 SF Industrial Building Delray Beach, FL 33444 £2,503,840 (£1,565/SF) 9.84% Net Initial Yield
Investment Highlights
- Prime Commercial property in the Arts District of Downtown Delray Beach
Executive Summary
Located in the dynamic Arts District of Downtown Delray Beach, this property is within walking distance to galleries, boutiques, shops, restaurants, and the new Ray Hotel is only steps away. This property offers high visibility and foot traffic. Enjoy the benefits of being near Atlantic Avenue, known for its thriving night life, dining and shopping, making this property ideal for attracting both locals and tourist.
In a high growth area, Delray Beach continues to be a sought after destination for business owners, entrepreneurs, and creatives with ongoing development and a supportive community atmosphere. With convenient access to major highways, this location ensures ease of access for clients and customers.
Don't miss out on a chance to invest in a rapidly growing area that offers endless potential for your business venture. Contact us today to explore the possibilities of this incredible property!
In a high growth area, Delray Beach continues to be a sought after destination for business owners, entrepreneurs, and creatives with ongoing development and a supportive community atmosphere. With convenient access to major highways, this location ensures ease of access for clients and customers.
Don't miss out on a chance to invest in a rapidly growing area that offers endless potential for your business venture. Contact us today to explore the possibilities of this incredible property!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£27,229
|
£17.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£27,229
|
£17.02
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £27,229 |
| Annual Per SF | £17.02 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £27,229 |
| Annual Per SF | £17.02 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £2,503,840 | Lot Size | 0.06 AC |
| Price Per SF | £1,565 | Rentable Building Area | 1,600 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 9.84% | Year Built | 1966 |
| Sale Conditions | Design & Build | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Service | Level Access Doors | 1 |
| Building Class | C |
| Price | £2,503,840 |
| Price Per SF | £1,565 |
| Sale Type | Investment |
| Net Initial Yield | 9.84% |
| Sale Conditions | Design & Build |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.06 AC |
| Rentable Building Area | 1,600 SF |
| Number of Floors | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Level Access Doors | 1 |
1 of 1
Walk Score ®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 12-43-46-16-01-089-0100 | Improvements Assessment | £182,462 |
| Land Assessment | £396,820 | Total Assessment | £320,581 |
PROPERTY TAXES
Parcel Number
12-43-46-16-01-089-0100
Land Assessment
£396,820
Improvements Assessment
£182,462
Total Assessment
£320,581
zoning
| Zoning Code | CBD-RC (Central Business District) |
| CBD-RC (Central Business District) |
-
Melanie Yeary -
LoKation Real Estate
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
367 NE 3rd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.