Selbyville, DE 19975,36674 DUPONT BLVD
Selbyville, DE 19975,36674 DUPONT BLVD
Selbyville, DE 19975,36674 DUPONT BLVD
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$1,250,000
Est. payment /mo
15,000 SqFt
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UPDATED:

11/27/2024 01:29 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $83

MLS Listing ID DESU2074878

Originating Board BRIGHT

Annual Tax Amount $2,683

Tax Year 2024

Lot Size 1.250 Acres

Acres 1.25

Lot Dimensions 0.00 x 0.00

Property Description

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.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning C-1

Interior

Hot Water Electric

Cooling Other

Flooring Concrete, Wood

Heat Source Oil

Exterior

Garage Spaces 30.0

Water Access N

Roof Type Metal

Street Surface US Highway/Interstate

Accessibility None

Road Frontage State, City/County

Total Parking Spaces 30

Garage N

Building

Lot Description Cleared, Level, Road Frontage

Foundation Crawl Space, Slab

Sewer Public Sewer, Grinder Pump

Water Public

New Construction N

Schools

School District Indian River

Others

Tax ID 533-09.00-27.00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)
Listed by Florence Brotzman • SVN/Miller Commercial Real Estate
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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36674 DUPONT BLVD