, Delray Beach, FL 33444 (MLS# A11619550)

Delray Beach, FL 33444

$750,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11619550

Property Type: Business Opportunity Square Footage: 29,485 Status: Active

Current Price: $750,000 List Date: 7/08/2024 Last Modified: 8/10/2026

Overview

Description

This is a unique opportunity to purchase a landmark Electric and Lighting Retail business! Operating since 1996, this business specializes in supplying electrical replacement parts for residential, commercial, and industrial facilities. They offer a vast inventory of parts for obsolete electrical distribution systems. As manufacturers change or go out of business, many users need parts only available in the aftermarket. The company has also developed a strong market in LED lighting, representing leading manufacturers and stocking indoor and outdoor LED products. They distribute to electrical and HVAC contractors, as well as maintenance and repair companies. The business is sold fully staffed and equipped, ready for a new investor to take over. It currently nets $214,273 annually.

Listing Details MLS# A11619550

General Property Information

Building Area Main: 29485
Occupied Area: 3680
Year Built: 1972

Property Features

Business Type: Retail Lease Term Remaining: 4-6 Years Sale Includes: Business Special Licenses: Other Source Of Expenses: Owner Provided Structure Type: Office; Retail; Warehouse

Contract Information

Comp Sale YN: No
Original List Price: 899000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Municipal Code: 12
State Or Province: FL
Postal Code: 33444
Postal Code +4: 1331
Geographic Area: PB08
Subdivision Number: 5
Zoning: I (city)
Flood Zone: X

Financial Information

Tax Annual Amount: 37252
Tax Legal Description: DELRAY BEACH HEIGHTS EXT SEC A LTS 13 TO 27 INC BLK 1

Status Change Information

Major Change Timestamp: 2025-08-28T17:42:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-08-28T17:42:13Z
Status Change Date: 2024-07-08

More Information

Building and Property Details

% Air Conditioned: Yes
Maximum Occupancy: 3680

Business Details

Total Employees: 3
Year Established: 1996
Years Current Owner: 28

Income and Expenses

Gross Income: 940309
Inc/Exp Statement Period: 2023
Insurance Expense: 8516

Price Calculations

Current Price To SqFt: 25.43

Section Details

Parcel Number MLX: 0130

Originating Details

Originating System Key: 398083737
Originating System ID: M00000151

Currently Not Used

Year Built: 1972

Office/Member Information

DXORIGMLSID: SEF

Structure Type

Office: Yes
Retail: Yes
Warehouse: Yes

Business Type

Retail: Yes

Sale Includes

Business: Yes

Special Licenses

Other: Yes

Lease Term Remaining

4-6 Years: Yes

Source Of Expenses

Owner Provided: Yes

Listing Office: RE/MAX 5 Star Realty

Last Updated: August - 10 - 2026

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