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Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU2014546
Sold Date 09/25/24
HOA Y/N N
Originating Board BRIGHT
Year Built 2002
Annual Tax Amount $1,344
Tax Year 2021
Lot Size 1.390 Acres
Acres 1.39
Property Description
Prime commercial site at the northwest intersection of Sussex Hwy. (S/B Route 13) and Delaware Ave., apx. 1/8 mile south of Royal Farms in Laurel. Sussex Hwy. is a highly traveled state road with 25,000+ vehicles passing daily. Former site of a hardware/lumber business, this property located at a lighted intersection lends itself to a wide variety of commercial/business uses. Some buildings on the existing survey were demolished. Remaining are a 60'x80' warehouse (4,800 sq. ft) and another building which can serve as potential office space. Water and sewer lines are installed on site. Property is subject to a current lease for a term of 5 years.
Location
State DE
County Sussex
Area Broad Creek Hundred (31002)
Zoning TN 643
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 50.0
Water Access N
Street Surface US Highway/Interstate
Accessibility None
Road Frontage State
Total Parking Spaces 50
Garage N
Building
Lot Description Corner, Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Laurel
Others
Tax ID 232-12.00-44.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with RANDY L HILL • The Real Estate Market
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