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7.18 acres with CR-1 zoning on Rt 9 just East of the Rt 5 intersection in Harbeson. CR-1 zoning is a rare zoning and code allows for a huge range of uses both commercial and residential. A mixed use concept of a 21,000 sqft commercial building up front and 48 garden style apartments on the remaining is an example that the owner has drawn up as a concept plan. Artesian Water and Sewer is available at the road. Existing rents just north of $11k per month are on a month to month basis. The existing block building can be renovated and sectioned for multiple tenants to make this a good ROI income property if you prefer to do so prior to re-development. Owners have extensive survey work and concept plans on file.
DAYS ON MARKET | 43 | LAST UPDATED | 10/9/2024 |
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YEAR BUILT | 1970 | COMMUNITY | Broadkill Hundred (31003) |
COUNTY | SUSSEX | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AREA | Broadkill Hundred (31003) |
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CONSTRUCTION | Metal Siding |
LOT | 7.18 acre(s) |
LOT DESCRIPTION | Cleared |
LOT DIMENSIONS | 0.00 x 0.00 |
TAXES | 624 |
VIEW | Yes |
VIEW DESCRIPTION | Street |
ZONING | CR-1 Zoning allows for many different uses that include commercial and residential combined |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by RE/MAX Realty Group Rehoboth
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.
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