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Georgetown,DE 19947
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,200 sqft
Price per Sqft $165
MLS Listing ID DESU2062636
Originating Board BRIGHT
Year Built 1954
Lot Size 7.710 Acres
Acres 7.71
Property Description
Welcome to an exceptional opportunity in the heart of Georgetown, DE! This commercial property spans 7.71 acres and encompasses three parcels. Boasting a blend of residential and commercial elements, this property presents a unique proposition for investors seeking both income generation. Two residential properties, one spanning 2,600 square feet and the other 1,200 square feet, currently generate steady income, adding to the attractiveness of this investment.
At the core of this offering are two commercial buildings, totaling 4,500 square feet and 2,900 square feet respectively, both of which are currently generating income. These buildings serve as a testament to the existing revenue stream .
While zoned AR1, this property benefits from a non-conforming use, operating seamlessly as a commercial space with a truck depot.
The strategic location of this property in Georgetown, DE, offers easy access to major transportation routes and local amenities, enhancing its appeal to tenants and businesses alike.
Don't miss out on this rare opportunity to acquire a substantial commercial space with income-generating. Schedule a viewing today and unlock the possibilities that await in this dynamic investment prospect!
Location
State DE
County Sussex
Area Georgetown Hundred (31006)
Zoning AR1
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Flooring Concrete
Heat Source Oil,Wood
Exterior
Garage Spaces 26.0
Utilities Available Phone
Waterfront N
Water Access N
Roof Type Metal,Shingle,Asphalt
Street Surface Gravel
Accessibility 2+ Access Exits,Level Entry - Main
Road Frontage Easement/Right of Way,State
Parking Type Parking Lot,Driveway
Total Parking Spaces 26
Garage N
Building
Sewer Cess Pool
Water Well
New Construction N
Schools
School District Indian River
Others
Tax ID 133-02.00-18.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard