S Route 9, Milton, DE

Others for Sale - $495,000


Agent Info

Jeffery Gibson
Coldwell Banker Premier

Property Info

CIMLS#1139371
Location
  S Route 9
  Milton DE 19968
UpdatedApril 1st, 2023
TypeOthers
Price$495,000

Property Description

Seller motivated, so bring your offer!! Great potential on this vacant C-1 commercial lot in the Route 9, Lewes/Georgetown Highway corridor. Located just 7 miles from downtown Lewes, this property could be developed for mixed use purposes, a preference of county officials. 150 feet of Route 9 frontage (eastbound side) is enough to have its own separate entrance, but ingress/egress is deeded with the property according to seller. Per Sussex County Planning & Zoning, the lot could accommodate a 14 unit, 3 story building with retail on the ground floor. All utilities can be accessed with hookup available for water, sewer, and natural gas. Nearby businesses include Royal Farms, Dollar General, Overstuffed Sandwiches, Oak Creek Wine & Spirits, Sussex County Detailing, medical practice office, Budget Blinds, State Farm Insurance, Security Instrument, Edward Jones, and Delaware Eye Clinics. Bayhealth Medical will soon be constructing a 57,000 SF facility across from the Dollar General store. Please note the billboard is excluded from sale of the land. Bring your commercial development ideas today!


Financials


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