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Commercial Mixed Use 8,000+ SF Property in Delray Beach

Overview

Property ID: 22568

Description

Green Tree Commercial is pleased to present this 8,000+ square foot property in the heart of Delray Beach’s arts and entertainment district. This beautifully maintained property has direct street frontage on  a popular avenue which brings an abundance of daily automobile and pedestrian traffic. Some of the bays are leased below market rents. As the leases roll over, current rents can be brought to market value increasing income. Also, vacant units can be leased for additional income. Investment has an apartment with 10-foot ceilings, roof top patio and views of trendy avenue that can be used as a long-term rental, short term vacation rental or for an owner/user.

This property comes with added opportunities in the form of premium parking spaces with room for extra spaces.  Visitors can park directly behind the commercial bays, which is extremely rare for Delray Beach. Another great opportunity for owner to increase income would be leasing parking spaces or parking lot as valet parking to local restaurants for after hours.  ID#22568

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