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    1660 Congress Ave Delray Beach, FL 33445

    Sponsored
    For Sale
    $4,250,000

    Prime Delray Beach retail space, high traffic.

    Property size:
    2,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional freestanding retail building, located at 1660 S Congress Avenue in Delray Beach, Florida, presents a compelling investment opportunity. The 2,750 square foot, single-story structure sits on a prominent corner lot (.786 acres) at the intersection of Linton Boulevard and Congress Avenue, boasting excellent visibility and accessibility. Previously occupied by a Wells Fargo branch, the property features three drive-through lanes, 31 parking spaces (with potential for expansion), and monument signage. The property enjoys high traffic counts, with 69,000 AADT at the intersection, and is conveniently located just 0.25 miles from I-95. Currently zoned P.O.D., the seller is actively pursuing a zoning change to General Commercial. The property offers ingress/egress on both Linton and Congress Avenues. Please note that gas stations and car washes are not permitted. Asking price is $4,250,000.

    Property Features for 1660 Congress Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,750 SF

    Building Details

    Year Built
    1984
    Units
    1

    HighLights

    • $4,250,000 asking price for this retail property.
    • 2,750 square foot, single‑unit building.
    • Built in 1984.
    • Located at 1660 S Congress Avenue, Delray Beach, FL 33445, on a 0.786‑acre corner lot at the intersection of Linton Blvd and Congress Ave.
    • Features three drive‑thru lanes, 31 parking spaces (with expansion potential), and monument signage.
    • High traffic count (69,000 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo ATM Atm Wells Fargo Bank Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0929322
    Latitude
    26.4399764

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    FAQs

    What type of property is this?
    Retail property - Prime Delray Beach retail space, high traffic.
    Where is this retail property located?
    The property is located at 1660 Congress Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: $4,250,000 asking price for this retail property.; 2,750 square foot, single-unit building.; Built in 1984.
    Request Owner's contact information
    1660 Congress Ave Delray Beach, FL 33445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1660 Congress Ave Delray Beach, FL 33445
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