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- LoopNet Team
501 NE 2nd St
Delray Beach, FL 33483
Property For Lease

Highlights
- Federal Hwy Traffic
- Multiple access points from the road and exposure!
- Just North of Atlantic Ave. in Downtown Delray Beach
- Drive Thru
Property Facts
| Center Type | Strip Center | Frontage | 20’ on Federal Hwy. |
| Parking | 13 Spaces | Gross Leasable Area | 2,649 SF |
| Stores | 1 | Total Land Area | 0.35 AC |
| Center Properties | 2 | Year Built | 1970 |
| Center Type | Strip Center |
| Parking | 13 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Frontage | 20’ on Federal Hwy. |
| Gross Leasable Area | 2,649 SF |
| Total Land Area | 0.35 AC |
| Year Built | 1970 |
About the Property
Retail Space for Lease – 215 NE 5th Avenue, Delray Beach, FL 33483 Vacant land next door also available to add to the lease. 1,500 SF | Prime Downtown Corner Location | Walk to Atlantic Avenue Exceptional leasing opportunity in the heart of Downtown Delray Beach. Located just two blocks north of Atlantic Avenue, this 1,500 SF retail space sits on a prominent corner across from a newly developed hotel, offering excellent visibility, foot traffic, and branding potential. Previously operated as a jiu-jitsu studio, the interior offers a flexible open layout that can easily be adapted for retail, boutique fitness, wellness, creative, or gallery use. Large windows provide abundant natural light and street exposure, while the central location places you steps from Delray’s top restaurants, shops, and entertainment. Prime Downtown Delray Corner Retail + Drive-Thru Assemblage 1,500 SF | ±15,250 SF Lot combined | Zoned CBD | Welcome to the sweet spot of Delray Beach, a high-visibility, corner retail opportunity just steps from Atlantic Avenue, in one of South Florida’s most coveted pedestrian districts. Whether you’re an investor, developer, or end-user, this offering is a rare hybrid: income + land + entitlement value all in one. Two-Parcel Offering Includes: ?? 215 NE 5th Ave — 1,500 SF leased retail corner with dual frontage ?? 501 NE 2nd St — Vacant ±6,100 SF parcel (with existing drive-thru structure) available to add to the lease of the building. Property Highlights: - ±15,250 SF total land across two adjacent lots - 1,500 SF retail unit with flexible layout, high ceilings, and private entry - Grandfathered Drive-Thru structure still in place – incredibly rare downtown - 19 dedicated parking spaces — unheard of this close to Atlantic Ave - Prime walkability to Pineapple Grove, restaurants, galleries, and the beach - Zoning: CBD (Central Business District) — wide usage potential: retail, QSR, medical, office, showroom, boutique hospitality, etc. - Surrounded by luxury residential, high-end foot traffic, and ongoing new development Opportunity Use Cases: Owner-user (salon, gallery, café, studio, design firm) Redevelopment play (pad-site drive-thru or mixed-use) Investment hold with future upside (lease-up and land bank) Drive-Thru Details: An existing drive-thru structure remains onsite, historically permitted and previously operational. It’s a potential game-changer for QSR, coffee, or banking users. Buyers should independently verify current status with the City of Delray Beach for activation or repurposing options. This space is ideal for retailers or boutique service providers looking to establish a presence in one of South Florida’s most walkable and desirable downtown corridors. Contact agent for more details or to schedule a private tour.
- Corner Lot
- Drive Thru
- Wheelchair Accessible
Listing ID: 36681281
Date on Market: 7/10/2025
Last Updated:
Address: 501 NE 2nd St, Delray Beach, FL 33483
The Downtown Delray Beach Property at 501 NE 2nd St, Delray Beach, FL 33483 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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