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Welcome to an exceptional opportunity in the heart of Georgetown, DE! This commercial property spans 7.71 acres and encompasses three parcels. Boasting a blend of residential and commercial elements, this property presents a unique proposition for investors seeking both income generation. Two residential properties, one spanning 2,600 square feet and the other 1,200 square feet, currently generate steady income, adding to the attractiveness of this investment. At the core of this offering are two commercial buildings, totaling 4,500 square feet and 2,900 square feet respectively, both of which are currently generating income. These buildings serve as a testament to the existing revenue stream . While zoned AR1, this property benefits from a non-conforming use, operating seamlessly as a commercial space with a truck depot. The strategic location of this property in Georgetown, DE, offers easy access to major transportation routes and local amenities, enhancing its appeal to tenants and businesses alike. Don't miss out on this rare opportunity to acquire a substantial commercial space with income-generating. Schedule a viewing today and unlock the possibilities that await in this dynamic investment prospect!
| DAYS ON MARKET | 216 | LAST UPDATED | 5/20/2024 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | Georgetown Hundred (31006) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Georgetown Hundred (31006) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Oil, Wood |
| LOT | 7.71 acre(s) |
| SEWER | Cesspool |
| WATER | Well, Private |
MORTGAGE CALCULATOR
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