2410 N Federal Highway, Delray Beach

$8,100,000

0 Bed
0 Bath
8,656 Sqft
1.61 Acres
0 Garage

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.

Essential Information
MLS® #RX-10888172
Price$8,100,000
Square Footage8,656
Acres1.61
Year Built1970
TypeCommercial
Sub-TypeMixed
StatusPrice Change
Style

Free Standing, Commercial, Office/Retail, Retail

Community Information
Address2410 N Federal Highway
Area4360
SubdivisionDELRAY BEACH ESTATES
CityDelray Beach
CountyPalm Beach
StateFL
Zip Code33483
Utilities

3-Phase Electric, Municipal Water, Public Sewer

Interior
AppliancesBuilding and Land
HeatingCentral
CoolingCentral
# of Stories1
Exterior
Lot DescriptionRest/redevelopment
RoofTar/Gravel
Additional Information
Date ListedMay 8th, 2023
Days on Market180
ZoningGC(cit
Listing Details
OfficeOcean Delray Real Estate
Property History
Price Reduced from $8,400,000 to $8,100,000Status Changed from Active to Price ChangePrice Reduced from $8,550,000 to $8,400,000
Status Changed from New to Active
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Listing information last updated on April 30th, 2024 at 12:00am EDT.