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Leased Listing #13364

🏬 Now for Lease in Delray Beach — 1,250 SF Hospitality · #13364

233 NE 2nd Ave · 1st Floor, Ste 265 · Delray Beach, FL 33444
The Ray Shops
1,250 SFAvailable space
HospitalityProperty type
3Parking spaces
2021Year built
Quick Unit Specs
1,250 SF Sq Ft
Hospitality Type
Leased Status
— Listing Type
Upon Request Lease Rate
— Monthly Rate
Negotiable Lease Terms
— Lease Type
— Asking Price
— Price / SF
— Cap Rate
— NOI
— Condition
— Power
— HVAC
3 spaces Estimated Parking
— Yard
Location Map Click to explore · switch to satellite inside the map
Space Description
Positioned in the Center of Ray Shops-Offering Foot Traffic from Surrounding Tenants
Located between La Boom Kitchen and JETSET Pilates
Open Layout
Restaurant and Retail Capability
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Located along NE 2nd Avenue in the heart of the Pineapple Grove, The Ray Shops offers a rare opportunity to lease retail and restaurant space in Downtown Delray Beach’s most dynamic and walkable corridors. Positioned immediately adjacent to The Ray Hotel Delray Beach, Curio Collection by Hilton and just steps north of Atlantic Avenue, the Ray Shops benefits from strong pedestrian activity and vehicular traffic generated by surrounding restaurants, retail, fitness uses, hospitality, condos, and homes.
Building Specifications
CityDelray Beach, FL
ZIP Code33444
Year Built2021
Use TypeHOTEL- HI RISE
Center TypeStrip Center
Gross Leasable Area43,560 SF
Total Building SF96,631 SF
Total Available3,653 SF
Stores10
Land Area1.90 AC
FrontageNE 2nd Ave
Stories7 Floors
Lot Size47,306 SF
Parking (building)120 Spaces
ConstructionSTUCCO ON MASON
Walk Score70/100
Exterior WallSTUCCO ON MASON
FoundationFIRE RESIS
HVACCENTRAL
Park/ComplexThe Ray Shops
Approved Uses by Zoning — Central Business District — LDR Sec. 4.4.13 (CBD)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Clothing / apparel boutique, Shoe store, Jewelry store, Home decor / furniture / interior design showroom, Art gallery, Bookstore, Gift shop / souvenir shop, Florist, Specialty grocery / gourmet market, Bakery / patisserie (retail), Ice cream, gelato or frozen yogurt shop, Coffee shop / espresso bar / coffee roaster with retail, Full-service sit-down restaurant, Fast-casual restaurant / counter-service eatery (no drive-thru), Juice / smoothie / acai bar, Wine bar / cocktail lounge, Hair salon / barbershop, Nail salon, Day spa / massage establishment, Med spa / aesthetics clinic, Dry cleaner / tailor / alterations (drop-off), Shoe repair, Pet grooming, Law office, Accounting / CPA / tax office, Real estate brokerage office, Insurance agency, Architecture, engineering or design firm, Marketing / advertising / tech / software office, Co-working / shared office space, Title company / mortgage office, Bank or credit union branch (no drive-through), Dentist / orthodontist office, Physician / physical therapy / chiropractic office, Dermatology or plastic surgery practice, Optometrist / optical shop, Pharmacy / drugstore, Yoga studio, Pilates or barre studio, Boutique fitness gym / CrossFit box, Personal training studio, Jiu-jitsu, karate or martial arts dojo, Dance studio, Music school / art school / tutoring center, Cooking school / demonstration kitchen, Museum or cultural center, Photography studio, Ceramics, glassblowing or pottery studio, Jewelry making / metalsmith workshop, Custom framing shop, Small-batch chocolate, coffee or specialty food production with retail, Hotel, Boutique hotel / residential-type inn, Multi-family apartments or condominiums (upper floors), Townhouses, Live/work unit (studio or shop with residence above), Public or private parking garage (Secondary Street use; must be lined on Primary Streets), Antique shop (verifiable antiques only), Bicycle shop / bike rental
With special approval
Brewpub or taproom with on-site brewing, Nightclub or live-music venue (Entertainment District hour limits apply), Bar open past midnight (24-hour or late-night business), Tattoo or permanent-makeup studio, Veterinary clinic (no outdoor kennels), Bank with drive-through lanes, CBD oil retail as accessory to a pharmacy, medical office or clinic (not on Required Retail Frontage; max 20% of tenant GFA; 8am-10pm), Live theater, cinema or performing arts venue, Screen printing or small sign / graphics shop, Bed and breakfast, Surface parking lot, Child care / preschool, Place of worship or assembly, Car wash or auto detailing (interior, one enclosed wash bay; no repair or fueling on site), Gasoline station, Sporting goods and equipment rental (limits per 4.4.13(C)(4)(c)), Consignment / secondhand or thrift store (prohibited on Required Retail Streets and in West Atlantic Neighborhood), Firearms or auto-parts retail (prohibited on Required Retail Streets and in West Atlantic Neighborhood), Contractor office with limited storage/workshop (no self-storage; 55-gallon cap)
Read the full CBD zoning guide ›
Area demographics
Population
3,813
Households
1,819
Median income
$113,630
Median home value
$629,500
Walk Score
70
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population10,52174,231176,575
Households4,77432,15582,003
Avg income$162,702$117,926$109,749
Household income (purchasing power)
< $50k28%
$50–100k17%
$100–150k19%
$150k+36%
Traffic count (frontage)
29,500 cars/day (AADT)
Nearby: 29,500 · SW 11 AVE | 24,500 · CONGRESS AVE

Neighborhood Demographics · Census Tract 006502

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
3,813
Population
$113,630
Median Household Income
46
Median Age
1,819
Households
$629,500
Median Home Value
Household Income of 1,819 households
<$50k514 28%
$50–100k303 17%
$100–150k343 19%
$150k+659 36%
Age of 3,813 residents
Under 18278 7%
18–341,138 30%
35–541,057 28%
55–64645 17%
65+695 18%

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts NE 2nd Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
29,500vehicles / day on NE 2nd Ave (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ NE 2nd Ave 29,500
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on NE 2nd Ave
29,500 AADT between SW 11 AVE and SWINTON AVE (2025)
24,500 AADT between CONGRESS AVE and NE 7 AVE (2025)
15,600 AADT between SR-806/ ATLANTIC AVE and NE 5 AVE (2025)
14,000 AADT between SR-806/ATLANTIC AVE and US-1 / SR-5 (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Street View Click to load · then drag to look around
Lease Rate
Upon Request
Listing Courtesy of Townsend Investment Group
Nicole Townsend
Nicole Townsend
Townsend Investment Group
Inquire about this property
Key highlights
  • Direct Visibility on NE 2nd Ave
  • Restaurant and Retail Capability
  • Vehicle and Foot Traffic
  • Surrounded by Restaurants, Retail, Fitness Uses, Hospitality, Condos and Homes
Extended Unit Specifications
Suite 1st Floor, Ste 265
Available Occupied
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 2.75/1,000 SF
Op. Expenses —
Appraiser Data
Parcel Control No.12434616010820060
Building UseHOTEL- HI RISE
DOR Use Code3900 — MOTEL
MunicipalityDELRAY BEACH
SubdivisionDELRAY TOWN OF
Assessed Value$49,500,000
Land Value$9,179,100
Improvement Value$46,954,800
Total Taxable Value$49,500,000
Land UseMOTEL
Legal Description
DELRAY TOWN OF
Sale History
Sale 1$25,600,000 · 09/2024
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 15.1 mi
Ft. Lauderdale (FLL) 27.6 mi
Miami Intl (MIA) 48.2 mi
⚓ Seaports
Port of Palm Beach 21.6 mi
Port Everglades 26.6 mi
PortMiami 48.2 mi