Twitter
Facebook
Email
|
42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate). Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.
| DAYS ON MARKET | 35 | LAST UPDATED | 11/22/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Baltimore Hundred (31001) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Baltimore Hundred (31001) |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Aluminum Siding, Frame, Metal Siding, Vinyl Siding |
| HEAT | Forced Air, Oil |
| LOT | 1.25 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 0.00 x 0.00 |
| SEWER | Public Sewer |
| TAXES | 2683 |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Dave
McCarthy to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by SVN/Miller Commercial Real Estate
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 2024 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2024.
