Multi-Building Warehouse
320-330 N Congress Ave Delray Beach, FL 33445
320-330 N Congress Ave, Delray Beach, FL, 33445
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For Sale
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Two warehouse buildings totaling 22,200 SF sit on 87,830 SF zoned MIC for mixed industrial and commercial uses.
Days on Market103
Property Features for 320-330 N Congress Ave
General Information
- Standard status
- Active
- Property subtype
- Industrial
Listing agency
Apex Capital Realty Miami
(863) 440-2387
Listed by
Jason Abitbol · License #3354200
Source
Crexi
Added: Apr 12 Updated: Jul 22 at 9:26PM Checked: Jul 22 at 9:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apex Capital Realty Miami
Investment Insights
Based on property information with market context.
This small bay warehouse complex includes two buildings, each with 11,100 SF, providing a total of 22,200 SF of rentable space. The property is 100% occupied by eight tenants and consists of multiple short bay spaces within the two-building configuration.
The buildings are situated on an 87,830 SF lot zoned MIC - Mixed Industrial & Commercial, which the listing describes as allowing a wide range of development possibilities including self storage, industrial, office, and affordable housing multifamily. The property also offers 260+ feet of direct frontage on N Congress Avenue.
For buyers evaluating an acquisition with near-term lease rollover, the listing states current rents are below market and provides estimated stabilized income figures at current market lease rates, with an estimated gross income of $529,000 and net income of $384,960.
The buildings are situated on an 87,830 SF lot zoned MIC - Mixed Industrial & Commercial, which the listing describes as allowing a wide range of development possibilities including self storage, industrial, office, and affordable housing multifamily. The property also offers 260+ feet of direct frontage on N Congress Avenue.
For buyers evaluating an acquisition with near-term lease rollover, the listing states current rents are below market and provides estimated stabilized income figures at current market lease rates, with an estimated gross income of $529,000 and net income of $384,960.
Key Highlights
- Two warehouse buildings totaling 22,200 SF (11,100 SF each) in a Delray Beach bay warehouse complex
- 87,830 SF lot zoned MIC – Mixed Industrial & Commercial, allowing a range of development uses
- 100% occupied by 8 tenants; rents are stated as well below market rate
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
Similar Off Market Nearby
- Toy Vault — 1855 Dr. Andres Way #7, Delray Beach, FL 33445
- Let's Get Moving - Delray Beach Movers — 601 N Congress Ave STE 414, Delray Beach, FL 33445
- Truman Storage Facility — 321 N Congress Ave, Delray Beach, FL 33445
- Stache Storage of Boca Raton — 213 SW 6th Ave, Delray Beach, FL 33444
FAQs
What type of property is this?
Warehouse - Two warehouse buildings totaling 22,200 SF sit on 87,830 SF zoned MIC for mixed industrial and commercial uses.
Where is this warehouse located?
The property is located at 320-330 N Congress Ave Delray Beach, FL.
What are key features of this property?
This property features: Two warehouse buildings totaling 22,200 SF (11,100 SF each) in a Delray Beach bay warehouse complex; 87,830 SF lot zoned MIC – Mixed Industrial & Commercial, allowing a range of development uses; 100% occupied by 8 tenants; rents are stated as well below market rate
