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Listed by Meredith Mears • SVN/Miller Commercial Real Estate
$1,299,000
Est. payment /mo
4.4 Acres Lot
Active
1120 S CENTRAL AVE Laurel, DE 19956
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
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.
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
Special Listing Condition Standard

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