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EXCELLENT OPPORTUNITY TO PURCHASE 1.89 ACRES OF COMMERCIAL LAND ZONED NC ON W ATLANTIC AVE IN DELRAY BEACH, FL. THE PRIME LOCATION HAS APPROX. 135 FT OF DIRECT FRONTAGE ON W ATLANTIC AVE AND IS IN A HIGH TRAFFIC AREA, WITH AN AADT OF 43,500 (2024 FDOT). LOCATED MINUTES FROM DOWNTOWN DELRAY BEACH ON ATLANTIC AVE WITH VERY CLOSE PROXIMITY TO I-95 AND THE FLORIDA’S TURNPIKE, IT’S SURROUNDED BY DENSE RESIDENTIAL DWELLINGS, HOSPITALITY AND SHOPPING. IN ADDITION, IT IS LOCATED WITHIN A DEMOGRAPHICALLY DENSE AREA, WHERE THE 5-MILE POPULATION IS OVER 219,000. PLEASE INQUIRE FOR THE OFFERING MEMORANDUM
]]>Rare opportunity to acquire two adjacent parcels totaling approx 15,004 square feet in a well-established residential neighborhood. The offering consists of a 5,001 SF parcel & 10,003 SF parcel, zoned RS-6, allowing for single-family residential redevelopment. The larger 10,003 SF parcel contains an existing structure that, according to county records, may be utilized as a grocery store. However, the building is currently in poor condition and may be best suited for redevelopment or substantial renovation. Strategically positioned on a highly visible street directly across from Franklin Park Community Center, the property benefits from strong neighborhood presence, convenient access, and proximity to surrounding residential communities.