2410 N Federal HWY Active

Delray Beach,FL 33483

$ 8100000

- Bed

4 Baths

8656 SqFt


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

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

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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