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Listed by Keith Walpole • R&R Commercial Realty
$1,549,000
Est. payment /mo
1.24 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2113022
Year Built 2002
Annual Tax Amount $2,453
Tax Year 2025
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions 0.00 x 0.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
This exceptional commercial property presents a unique investment opportunity for discerning investors or owner-occupiers seeking to expand their portfolio. Spanning an expansive 1.24 acres, this property is strategically designed and located on a corner of a 4-way intersection on one of Delaware's most strategic highways. The property is situated in a location with significant growth potential, making it an ideal candidate for various commercial ventures. The absence of specific transportation constraints enhances accessibility, allowing for seamless connectivity to major thoroughfares and local amenities. This advantageous positioning not only increases foot traffic but also enhances visibility, which is crucial for any business operation. Investors will appreciate the flexibility this property offers. The current layout can accommodate a variety of commercial uses, providing the potential for diverse revenue streams. The ample parking lot ensures convenience for both employees and clients, further enhancing the property's appeal. With no association fees or restrictive covenants, investors have the freedom to maximize their return on investment without the burden of additional costs. The property's condition is well-maintained, allowing for immediate occupancy or the opportunity for renovations to increase value and tailor the space to specific business needs. The commercial real estate market continues to show resilience and growth, making this property a timely investment. The potential for appreciation in value, coupled with the ability to generate consistent rental income, positions this property as a lucrative asset. Investors can capitalize on the increasing demand for commercial spaces in the area, ensuring a strong return on investment. In summary, this commercial property offers a compelling opportunity for investors looking to diversify their holdings. With its strategic location, flexible usage options, and potential for significant returns, this property is poised to deliver both immediate and long-term financial benefits. Don't miss the chance to secure a valuable asset in a thriving market.
Location
State DE
County Sussex
Area Broad Creek Hundred (31002)
Zoning TN
Interior
Hot Water Electric
Heating Forced Air
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 22.0
Water Access N
Accessibility None
Total Parking Spaces 22
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Laurel
Others
Tax ID 232-12.00-44.00
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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