$670,000
$699,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2,000 SqFt
SOLD DATE : 08/12/2024
Key Details
Sold Price $670,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $335
MLS Listing ID DESU2057982
Sold Date 08/12/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $751
Tax Year 2023
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 115.00 x 282.00
Property Description
Amazing business location with high visibility on Rt24 only 800ft from Love Creek! 115 ft. road frontage with a 9 unit Motel on over 3/4 acre. Many conditional use opportunities! Property is currently zoned AR-1. Owner currently in process of tying in to County Sewer, a $40k+ savings for your buyer. Property being sold as-is condition.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Zoning AR-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 9.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 9
Garage N
Building
Sewer On Site Septic, Public Hook/Up Avail
Water Well
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 234-07.00-98.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Seller Financing, Cash, Conventional
Listing Terms Seller Financing, Cash, Conventional
Financing Seller Financing,Cash,Conventional
Special Listing Condition Standard
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Bought with Asa McCune • Patterson-Schwartz-Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "