$ 8,100,000
2410 N Federal HWY Delray Beach, FL 33483
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Listed by Ocean Delray Real Estate
$ 8,100,000
Est. payment /mo
Active
2410 N Federal HWY Delray Beach, FL 33483
4 Baths
8,656 SqFt
UPDATED:
08/26/2024 05:16 AM
Key Details
Property Type Commercial
Sub Type Restaurant/Entertainment
Listing Status Active
Purchase Type For Sale
Square Footage 8,656 sqft
Price per Sqft $935
Subdivision Delray Beach Estates
MLS Listing ID RX-10888172
Construction Status Resale
Year Built 1970
Annual Tax Amount $43,233
Tax Year 2022
Lot Size 1.610 Acres
Property Description
Introducing an exceptional investment opportunity! The iconic Ellie's 50s Diner has now become available for purchase. This prime property presents an array of investment opportunities. You can revive it as a classic restaurant, transform into a retail space, or undergo a remarkable transformation into a development site for 18 luxurious townhomes.Situated on a spacious 1.61-acre lot on Federal Highway with a prominent frontage on Old Dixie Highway, this property boasts exceptional accessibility and visibility, ensuring a strategic advantage for your business venture. Whether you choose to operate it as a restaurant, lease it to a tenant, or embark on a full-scale property transformation, you'll benefit from a prime location just 2 miles North of the renowned Atlantic Avenue.
Location
State FL
County Palm Beach
Area 4360
Zoning GC(cit
Interior
Heating Central
Cooling Central
Flooring Tile
Fireplaces Type Sprinkler
Exterior
Utilities Available Electric, Municipal Water, Public Sewer
Waterfront No
Roof Type Tar/Gravel
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional