SUSSEX HWY Laurel, DE 19956 -- MLS# DESU2038858 Real Estate

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SUSSEX HWY
Laurel, DE 19956
FOR
SALE
$6,500,000
For Sale
8
Acres
1990
Yr. Built
MLS# DESU2038858
Listed on site 65 days since April 1st, 2023

Property Details

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 and more available upon request.

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Property Highlights

Status
For Sale
Price
$ 6,500,000
Property Type
Commercial Sale
Acres
8.00
Year Built
1990

Location

County
SUSSEX
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Heat Pump(s)
Cooling
Heat Pump(s)
Heating Fuel
Electric
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Handicap
Other

Building Details

Parking
Paved Parking
New Construction
No
Exterior Construction
Other

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$24,904
Ownership Interest
Fee Simple
Potential Short Sale
Standard
Listed by Nai Coastal. Listing Data last updated 6th June, 2023 03:00 MST
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Property History

65 days ago
Property Listed
22 days ago
Date of last price change
Today
Property info last updated

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information on this site was last updated 6th June, 2023 03:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MRIS MLS Real estate listings held by brokerage firms other than Coastal Real Estate Inc, may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing Data last updated: 6th June, 2023 03:00 MST
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