Warehouse-Office-Showroom
601 N Congress Ave Delray Beach, FL 33445
For Sale
Contact for pricing
Multi-use warehouse-office-showroom includes two roll up door and 21' ceiling with air conditioning and fire sprinklers.
Property Size3,043 SF
Price / SF$400.92
Days on Market10
Property Features for 601 N Congress Ave
General Information
Standard status
Active
Size
3,043 SF
Property subtype
INDUSTRIAL
Listing Agency:
H&B Commercial
(561) 248-4179
Listed By:
Katherin M. Khidirian, CCIM · License #BK3079662
(561) 248-4179
Source:
Moodyscre
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 26 at 3:07PM
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 H&B Commercial
Investment Insights
Based on property information with market context.
This warehouse-office-showroom totals 3,043 SF with a 1st-floor layout of approximately 2,293 SF and a 2nd-floor area of approximately 750 SF. The space is 100% under A/C and includes one bathroom. Warehouse features include one 12' x 14' roll up door, 3-phase electric, impact glass, fire sprinklers, and a 21' ceiling in the warehouse area.
Located in the Congress Commerce Center on the corner of Congress Ave. and Lake Ida Rd in Delray Beach, Florida. The property is vacant and easy to show.
The configuration supports combined operational space with dedicated office/showroom area across two levels, with built-in fire protection and climate control throughout the available interior.
Located in the Congress Commerce Center on the corner of Congress Ave. and Lake Ida Rd in Delray Beach, Florida. The property is vacant and easy to show.
The configuration supports combined operational space with dedicated office/showroom area across two levels, with built-in fire protection and climate control throughout the available interior.
Key Highlights
- 3,043 SF warehouse‑office‑showroom available for lease (1st floor +/- 2,293 SF; 2nd floor +/- 750 SF)
- 100% A/C interior with 21' ceiling in the warehouse area
- Impact glass plus fire sprinklers throughout
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.8k | $45.60 |
| − Vacancy | −$31.2k | −$10.26 |
| EGI | $107.5k | $35.34 |
| − OpEx | −$26.9k | −$8.84 |
| NOI | $80.7k | $26.51 |
3,043 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,655 @ 7.0% cap · market cap 6.61%
Second Best
Flex RnD
$956.2K
$836.7K – $1.12M
NOI $66,934 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$2.14M
$1.88M – $2.50M
NOI $150,014 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Brunch n Roll — 600 N Congress Ave, Delray Beach, FL 33445
Frequently Asked Questions
What type of property is this?
Flex space - Multi-use warehouse-office-showroom includes two roll up door and 21' ceiling with air conditioning and fire sprinklers.
Where is this flex space located?
The property is located at 601 N Congress Ave Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: 3,043 SF warehouse‑office‑showroom available for lease (1st floor +/- 2,293 SF; 2nd floor +/- 750 SF); 100% A/C interior with 21' ceiling in the warehouse area; Impact glass plus fire sprinklers throughout
