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Listed by Thomas Lucks • Keller Williams Realty
$1,500,000
Est. payment /mo
2.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2110070
Year Built 2000
Annual Tax Amount $686
Tax Year 2025
Lot Size 2.300 Acres
Acres 2.3
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Direct Main St frontage, prime for redevelopment. This sale is two parcels (233-11.00-274.02 and 233-11.00-274.03) with a combined 2.3 acres, zoned Town Center Mixed-Use, equivalent to the county C-1 zoning. Located immediately adjacent to the Iron Branch Rd signaled intersection with an AADT of 13,570. Located directly on Main Street with 400 foot road front exposure. One parcel (with the dwelling) is connected to public water and sewer, the other parcel (the old restaurant location) has public water and sewer connection available. Very good opportunity for retail, religious facility, medical clinic, daycare, multi-family, mixed-use or complete redevelopment. See Dagsboro E-Code for all permissible uses for Town Center (TC) zoning. Could make an excellent 1031 Starker Exchange property for future development.
Location
State DE
County Sussex
Area Dagsboro Hundred (31005)
Zoning TC (TOWN CTR, MIXED USE)
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 12.0
Water Access N
View Street
Accessibility None
Total Parking Spaces 12
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 233-11.00-274.03
Ownership Fee Simple
Special Listing Condition Standard
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