SUSSEX HWY Pending

Laurel,DE 19956

$ 6500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DESU2038858

Originating Board BRIGHT

Year Built 1990

Annual Tax Amount $24,904

Tax Year 2022

Lot Size 8.000 Acres

Acres 8.0

Lot Dimensions 0.00 x 0.00

Property Description

A prime investment and/or redevelopment opportunity fronting Sussex Highway (RT 13) and County Seat Highway (RT 9) in Laurel, Delaware. The 8-acre site currently features a 69,000 SF multi-unit commercial building and gas station (6-yrs left on gas station lease; property owner receives a rebate based on gallons sold). There is a permanent easement in place with the adjacent Burger King and cell tower. Stormwater management in place with prorated maintenance agreement based on amount of land owned. Any upgrades to stormwater management are billed to whoever requires. Water and sewer stubbed and available. No restrictions. This site lends itself to a variety of possible uses and is situated at a highly trafficked, signaled intersection! Site plans, easement agreements, EDU information & more available upon request.

Location

State DE

County Sussex

Area Broad Creek Hundred (31002)

Zoning COM & BUS USE DISTRICT

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 500.0

Water Access N

Accessibility Other

Total Parking Spaces 500

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Laurel

Others

Tax ID 232-12.00-105.00

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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