Homes for sale - 11027 DELAWARE AVE, Laurel, DE 19956

Listed by RANDY L HILL • The Real Estate Market
Bought with RANDY L HILL • The Real Estate Market

$1,250,000

$1,395,000 10.4%

Est. payment - /mo

1.39 Acres Lot

UPDATED:

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

Year Built 2002

Annual Tax Amount $1,344

Tax Year 2021

Lot Size 1.390 Acres

Acres 1.39

Property Sub-Type Mixed Use

Source BRIGHT

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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2530 Riva Rd, STE 300, Annapolis, MD 21401, USA

11027 DELAWARE AVE Laurel, DE 19956