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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 & more available upon request.
| DAYS ON MARKET | 711 | LAST UPDATED | 3/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1990 | COMMUNITY | Broad Creek Hundred (31002) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | LAUREL |
|---|
| PRICE HISTORY | |
| Prior to May 15, '23 | $6,800,000 |
|---|---|
| May 15, '23 - Today | $6,500,000 |
| ADDITIONAL DETAILS | |
| AIR | Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Broad Creek Hundred (31002) |
| CONSTRUCTION | Other |
| HEAT | Electric, Heat Pump |
| LOT | 8 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Paved, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 24904 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by NAI Coastal
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2025 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2025.
