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Listed by Compass Florida LLC
$8,100,000
Est. payment /mo
4 Baths
8,656 SqFt
UPDATED:
12/10/2024 07:50 PM
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-11042956
Year Built 1970
Annual Tax Amount $79,838
Tax Year 2024
Lot Size 1.610 Acres
Property Description
Introducing a remarkable investment opportunity with the iconic Ellie's 50s Diner now available for purchase. This versatile property offers a multitude of investment avenues, whether you aim to restore its legacy as a classic restaurant, convert it into a vibrant retail space, or undertake a transformative development into 18 luxurious townhomes. Positioned on a generous 1.61-acre lot along Federal Highway, with prominent frontage on Old Dixie Highway, this site ensures unparalleled accessibility and visibility, providing a strategic edge for your business endeavors. Located just 2 miles north of the bustling Atlantic Avenue, this prime location offers the perfect blend of convenience and potential.
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
Roof Type Tar/Gravel
Building
Story 100.00
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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