Sussex Hwy , LAUREL, DE 19956
LAUREL, DE 19956
Description
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.
Details
| MLS# | DESU2038858 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | ACTIVE-BRIGHT |
| Year | 1990 |
| Days On Site | 724 |
| Listing Provided By | NAI Coastal | John C Davis |
Features
| Zoning | COM & BUS USE DISTRICT |
|---|---|
| Acreage | 8.00 |
| Water Front | Yes |
Market Activity 19956
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Learn More About This Property
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | LAUREL |
| Zip Code | 19956 |
| Area | Broad Creek Hundred (31002) |
| School District | LAUREL |
| Listing VS Median (In 19956) | |
Price: $6,500,000 low | high Med: $330,000 On site: 724 low | high Med: 35.000000 | |
