This freestanding corner commercial building sits at the northeast intersection of NE 5th Avenue and NE 1st Street in downtown Delray Beach, one block north of Atlantic Avenue. The two-unit structure occupies a double lot of approximately 14,052 square feet zoned CBD (Central Business District), offering both income-generating potential in its current configuration and significant redevelopment optionality.
This freestanding corner commercial building sits at the northeast intersection of NE 5th Avenue and NE 1st Street in downtown Delray Beach, one block north of Atlantic Avenue. The two-unit structure occupies a double lot of approximately 14,052 square feet zoned CBD (Central Business District), offering both income-generating potential in its current configuration and significant redevelopment optionality.
Building Configuration & Tenancy
Unit A is currently tenant-occupied and comprises 3,366 square feet of interior space plus a 1,033-square-foot loft level. The layout includes offices, a conference room, a reception area, and dedicated storage. Unit B, now vacant, offers 2,868 square feet of largely open showroom space with an office or workroom and an inventory stockroom in the rear. The rear of Unit B includes overhead garage door access, which accommodates loading or direct vehicle entry.
Site & Zoning
The parcel dimensions are approximately 125 by 112.4 feet, creating a generous rectangular footprint unusual for this corridor. CBD zoning in Delray Beach permits a range of retail, office, restaurant, and mixed-use configurations, and the lot's size and corner position make it a candidate for ground-up redevelopment subject to the city's current height and density allowances. The 17-space off-street parking area is a notable asset; parking is among the most constrained resources in the Atlantic Avenue trade area, and any redevelopment plan would benefit from a site that already accommodates on-grade vehicle storage.
Location & Access
Atlantic Avenue is the commercial spine of Delray Beach, drawing consistent foot traffic year-round. Properties within one block of Atlantic trade at a premium precisely because they capture that pedestrian flow while often offering more flexible site dimensions than direct Atlantic frontage. I-95 is accessible within minutes via Atlantic Avenue westbound, and Palm Beach International Airport is approximately 20 miles north, roughly a 30-minute drive outside peak season. The Brightline station in Delray Beach is within walking distance, adding a commuter and visitor access point that continues to support commercial values downtown.
Key Features
- CBD zoning permitting retail, office, restaurant, and mixed-use development
- Double lot: approximately 14,052 square feet (125 x 112.4 feet)
- Freestanding corner building at NE 5th Avenue and NE 1st Street
- Two units totaling 7,267 square feet, including a 1,033-square-foot loft
- 17-space off-street parking area
- Unit B includes overhead garage door access for loading
- One block north of Atlantic Avenue
- Fire sprinkler system and closed-circuit camera security in place
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