1120 S CENTRAL AVE new to site

Laurel,DE 19956

$ 1499500

- Bed

- Bath

7006 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,006 sqft

Price per Sqft $214

MLS Listing ID DESU2090982

Year Built 1978

Annual Tax Amount $1,744

Lot Size 4.400 Acres

Acres 4.4

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion. The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years.

With a wide-open floor plan, and a small warehouse and office space in the rear of the building, the property is very versatile for varying uses. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years.

C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses, making this an ideal property for investors or owner-occupants.

Location

State DE

County Sussex

Area Little Creek Hundred (31010)

Zoning C-B

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 40.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Laurel

Others

Tax ID 332-01.00-8.00

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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