Introducing an exceptional investment opportunity! The iconic Ellie's 50s Diner has now become available for purchase. This prime property presents an array of investment opportunities. You can revive it as a classic restaurant, transform into a retail space, or undergo a remarkable transformation into a development site for 18 luxurious townhomes.Situated on a spacious 1.61-acre lot on Federal Highway with a prominent frontage on Old Dixie Highway, this property boasts exceptional accessibility and visibility, ensuring a strategic advantage for your business venture. Whether you choose to operate it as a restaurant, lease it to a tenant, or embark on a full-scale property transformation, you'll benefit from a prime location just 2 miles North of the renowned Atlantic Avenue.
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Listing Snapshot
Price
$8,100,000
Days On Site
576 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.61 Acres
Year Built
1970
MLS® Number
R10888172
Status
Active
Property Tax
$43,233
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
5 months ago
Listing updated with changes from the MLS®
5 months ago
Price changed to $8,100,000
6 months ago
Status changed to Active
2 years ago
Listing first seen on site
General Features
Acres
1.61
Property Sub Type
Business
Security
Fire Sprinkler System
Sewer
Public Sewer
Stories
One
Utilities
Electricity AvailableSewer AvailableWater Available
William Raveis Real Estate encourages and supports an affirmative advertising and marketing program in which there are no obstacles to obtaining housing based on an individual’s familial status, sex (including sexual orientation and gender identity), disability, race, color, national origin, or religion. If you believe you have experienced housing discrimination, you may file a discrimination complaint with the U.S. Department of Housing and Urban Development (HUD) Office of Fair Housing and Equal Opportunity (FHEO).
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.