Downtown Delray Freestanding Commercial Property — Sale in Delray Beach, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Delray Beach, FL 33483
- Year built: 1950
Photos
Investment Figures
- Cap rate
- 5.79%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the freestanding commercial property located at 75 Southeast 4th Avenue in the heart of downtown Delray Beach, Florida. Situated with excellent visibility in one of Florida’s most desirable markets, this prime opportunity is within walking distance of Atlantic Avenue’s thriving retail, dining, and entertainment scene. In addition to its connectivity with Delray Beach’s renowned main street, the 705-square-foot building sits on a 2,648-square-foot lot in the Central Business District (CBD) zoning area, offering flexible options for retail, office, or service-based businesses. The property is move-in ready and equipped for immediate use, complete with recently updated modern finishes, impact windows, a new HVAC system, and a Rheem electric water heater. Moreover, the inclusion of a handicap-accessible restroom ensures compliance with modern accessibility standards, making it suitable for a wide range of businesses. The surrounding area is undergoing significant residential development, driving demand for both retail and commercial services. With CBD zoning, the property offers significant growth potential, making it an attractive investment for both operational businesses and future redevelopment opportunities. Investment Highlights: • Downtown Delray Beach Location • Bite Size Price Point • 500 feet from Atlantic Avenue
Market Context
This retail in Delray Beach, FL is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1950. Compare it against other retail listings for sale in Delray Beach, FL — view the full market.
As of Q2 2026, the Palm Beach retail market showed a 3.7% vacancy rate, and average asking rents near $38.62/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Palm Beach retail market tightening or softening?
- Vacancy is around 3.7% (Q2 2026).
Estimated Price per SF
$103.75/SF – $754.56/SF
Mid: $314.40/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Brian Rosen · (954) 245-3513 · brian.rosen@marcusmillichap.com
Explore this market
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