2410 N Federal Hwy Delray Beach, FL 33483

This exceptional 8,656 sq ft restaurant property at 2410 N Federal Highway, Delray Beach, FL 33483, is available for $8,100,000. Built in 1970, the vacant single-unit property sits on a 1.61-acre lot (lot size not precisely recorded) and offers a 6.00% cap rate. Currently zoned for restaurant use, the property presents a unique opportunity for various ventures. Reimagine it as a classic eatery, repurpose it for retail, or capitalize on its prime location and zoning to develop 18 luxury townhomes, as currently envisioned. The property boasts exceptional visibility and accessibility, situated on Federal Highway with prominent frontage on Old Dixie Highway, just 2 miles north of Atlantic Avenue. The NNN lease type and vacant occupancy provide flexibility for the new owner. This is a rare chance to acquire a significant property in a thriving Delray Beach location. The property's size and location make it an ideal investment for those seeking high-return potential and redevelopment opportunities. The existing structure offers a solid foundation for immediate use or a complete transformation. Don't miss this chance to own a piece of Delray Beach's vibrant commercial landscape.