Restaurant/Entertainment For Sale

2410 N Federal Highway, Delray Beach, FL 33483

$8,100,000
1.61
Property Description

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.

Basic Details
Listing Type : For Sale
Price : $8,100,000
Features
: Central
Central
Tile
No
Tar/Gravel
Location
US
FL
Palm Beach
Delray Beach
33483
From 95 - Atlantic Ave E, N on NE 6th Ave, property on W side of Federal Highway
, Delray Beach, FL 33483
Extended Details
Virtual Tour URL
DELRAY BEACH ESTATES
05.08.2023
Cash,Conventional
Electric,Municipal Water,Public Sewer
1
GC(cit
Yes
2022
At Closing
$0
Ocean Delray Real Estate
Christopher S Nicotra
276540908
276719572
8400000.00
1.0
100.00
43233.20
Robert Guntmacher
Ocean Delray Real Estate
beachesmls
Property TypeRestaurant/Entertainment
StatusActive
Listing IDRX-10888172
Year Built1970
Lot Area1.61
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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