Rare Downtown Delray Opportunity Freestanding Commercial
The Rare Downtown Delray Opportunity — Corner Site, CBD Zoning, No Compromises
Marketing description
Marketing Description
One Commercial Real Estate, as exclusive agent for the Owner, is pleased to present for sale 401 SE 5th Avenue — a rare industrial and redevelopment opportunity located in the heart of Downtown Delray Beach, Florida.
Totaling ±5,200 square feet on 0.48 acres, this freestanding building offers an unmatched combination of industrial functionality and downtown accessibility — a combination virtually impossible to replicate within the city’s core. Positioned just four blocks from Atlantic Avenue, the Property provides owner-users with walkable access to Delray’s retail, dining, and residential districts while maintaining true industrial utility, including grade-level loading and on-site parking.
For businesses seeking a central location to service both Palm Beach and Broward Counties, 401 SE 5th Avenue delivers the ideal balance of visibility, accessibility, and operational efficiency. With limited remaining industrial zoning in the downtown area, opportunities like this are exceedingly rare. Whether for an expanding local business, a creative user, or future redevelopment, 401 SE 5th Avenue represents a strategic long-term hold in one of South Florida’s most dynamic urban environments.
Disclaimer
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice, and to any special listing conditions imposed by the principals. Zoning information is provided as a reference guide only; buyer is advised to independently verify all zoning, land use, and permitting matters with the City of Delray Beach Development Services Department prior to close of escrow.
Investment highlights
Investment Highlights
- Rare industrial opportunity in the heart of Downtown Delray Beach — an area where industrial product is virtually nonexistent.
- Located within the CBD zoning district, allowing for a wide range of commercial, industrial, and mixed-use applications.
- Ideal for owner-users seeking a central, walkable location with close proximity to I-95 or investors looking to capitalize on Delray’s constrained industrial supply and surging demand.
- Corner lot with substantial frontage on two streets provides exceptional visibility and multiple points of ingress/egress.
- Low existing FAR of 0.24 on a half-acre parcel in the CBD presents meaningful redevelopment upside — current improvements represent only a fraction of what the land can support.
- Surrounded by transformative development: The Set, 3rd + 3rd Village, and numerous high-end projects within immediate walking distance.
- Two blocks from Atlantic Avenue — Delray Beach’s premier cultural, dining, and entertainment corridor.
Zoning: Central Business District (CBD)
The property is zoned CBD — Central Business District under the City of Delray Beach Land Development Regulations (LDR Section 4.4.13). This is the most permissive and flexible commercial zoning classification in the city, designed to preserve and protect the cultural and historic aspects of downtown Delray Beach while simultaneously promoting vitality and economic growth.
The CBD district is mapped to the Commercial Core designation on the Future Land Use Map and is comprised of four sub-districts. Based on the property’s location on SE 5th Avenue, it falls within or adjacent to the Central Core Sub-district and/or the Railroad Corridor Sub-district (buyer to verify with City of Delray Beach Development Services).
Disclaimer
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice, and to any special listing conditions imposed by the principals. Zoning information is provided as a reference guide only; buyer is advised to independently verify all zoning, land use, and permitting matters with the City of Delray Beach Development Services Department prior to close of escrow.
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