3.3 Acres Lot
3.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Subdivision Whites Addition
MLS Listing ID DESU2039104
Originating Board BRIGHT
Year Built 1957
Annual Tax Amount $2,038
Tax Year 2023
Lot Size 3.300 Acres
Acres 3.3
Lot Dimensions 115.00 x 125.00
Property Description
Situated in a high-demand area, this impressive parcel is ideally suited for retail, office, or mixed-use development. The excellent visibility and accessibility from Broadkill Rd ensure maximum exposure for your future business or tenants, while the extensive acreage provides ample space for a multitude of commercial purposes.
This unique offering consists of a charming 2,559 SF building occu[ied by a thriving local restaurant (restaurant business not included in sale.) The current lease for the restaurant is in place until 7/31/27, with a monthly rent of $3,500 and net terms. This stable income stream and long-term lease allow for a secure investment and ample time for planning and executing any desired developments.
The strategic location of the property, surrounded by established businesses, and close to major roadways, make it an ideal hub for regional and local consumers. The area's strong population growth and rising demand for commercial services further enhance the potential for success at this prime location.
With its generous size, commercially zoned designation, and exceptional traffic count, this 3.3-acre parcel at 211 Broadkill Rd presents a unique opportunity to capitalize on the flourishing Milton market. Don't miss out on the chance to transform this property into the next thriving commercial destination in the heart of Delaware.
Seize the opportunity to invest in the future of Milton by securing this outstanding 3.3-acre commercial parcel on Broadkill Rd. The combination of location, visibility, and potential make this property an unmatched investment for developers, business owners, or visionary entrepreneurs. With its endless possibilities and strong potential for growth, this one-of-a-kind property presents an extraordinary investment.
Location
State DE
County Sussex
Area Broadkill Hundred (31003)
Zoning TN
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Carpet, Vinyl
Heat Source Electric
Exterior
Garage Spaces 12.0
Utilities Available Propane, Phone
Water Access N
Roof Type Rubber
Accessibility None
Road Frontage City/County, State
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 235-14.15-94.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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