Laurel, DE 19956,11027 DELAWARE AVE
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Laurel, DE 19956,11027 DELAWARE AVE
Laurel, DE 19956,11027 DELAWARE AVE
Laurel, DE 19956,11027 DELAWARE AVE
Laurel, DE 19956,11027 DELAWARE AVE

$1,250,000

Est. payment /mo

$1,395,000

10.4%
Est.Price: ?

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11027 DELAWARE AVE Laurel, DE 19956

1.39 Acres Lot

SOLD DATE : 09/25/2024

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

Year Built 2002

Annual Tax Amount $1,344

Tax Year 2021

Lot Size 1.390 Acres

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

Exterior

Garage Spaces 50.0

Water Access N

Building

Lot Description Corner, Level

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Laurel

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by RANDY L HILL • The Real Estate Market
Bought with RANDY L HILL • The Real Estate Market

Jason Gareau

Broker

+1(609) 929-4486

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