32474 LIGHTHOUSE RD Selbyville, DE 19975 -- MLS# DESU2044978 Real Estate

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32474 LIGHTHOUSE RD
Selbyville, DE 19975
FOR
SALE
$7,900,000
For Sale
10.09
Acres
MLS# DESU2044978
Cumulative Days on Market: 267 (since July 25th, 2023) Data provided by the MLS.

Property Details

Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and / or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

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Property Highlights

Status
For Sale
Price
$ 7,900,000
Property Type
Land
Acres
10.09

Location

County
SUSSEX
Water View
No
Water Front
No

Heating, Cooling & Utilities

Navigable Water
No
Sewer/Septic
Other

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$527
Ownership Interest
Fee Simple
Potential Short Sale
Standard
HOA
No
Listed by Coldwell Banker Realty.
Listing Data last updated 04/17/2024 05:54 PM
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Property History

Today
Property information last updated
231 days ago
Date of last price change
267 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 267. Data provided by the MLS.

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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 04/17/2024 05:54 PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of BRIGHT 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: 04/17/2024 05:54 PM
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