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2410 N Federal Highway
Delray Beach, FL 33483
FOR
SALE
$8,500,000
For Sale
1970
Yr. Built
MLS# RX-10888172
Cumulative Days on Market: 32 (since May 22nd, 2024) Data provided by the MLS.

Property Details

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.

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Property Highlights

Status
For Sale
MLS Status
Active
Price
$ 8,500,000
Property Type
Commercial
Property Subtype
Restaurant/Entertainment
Year Built
1970

Location

Subdivision
Delray Beach Estates
County
Palm Beach
Waterfront
No

Heating, Cooling & Utilities

Heat
Central
Cooling
Central
Utilities
Electric, Municipal Water, Public Sewer

Features

Flooring
Tile

Building Details

Type of Building
Commercial, Free Standing, Office/Retail, Retail
Roofing
Tar/Gravel

Lot

Zoned
GC(cit

Taxes & Terms

Terms
Cash, Conventional
Lease Term
None

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Listed by Ocean Delray Real Estate
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Property History

18 days ago
Property information last updated
32 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 32. Data provided by the MLS.

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All rights reserved. Information deemed reliable but not guaranteed. All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.
Listing Data last updated: 06/23/2024 03:15 PM
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