32474 LIGHTHOUSE RD
32474 LIGHTHOUSE RD
SELBYVILLE, DE 19975
MLS Number: DESU2044978
$7,900,000
Description
- Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
General Details
- Lot Area: 439,520
- Property Type: Land
- County: SUSSEX
- Historical District: N
- Sewer: Other
- Acres: 10
Community Information
- Zoning: TN
Exterior Features
- Garage(s): N
- Waterfront: N
- Waterview: N
Interior Features
- Cooling: N
- Water: None
Lot Information
- SqFt: 439,520
- Dimensions: 0.00 x 0.00
School Information
- School District: INDIAN RIVER
Fees & Taxes
- County Taxes: $57
Other Info
- Listing Courtesy Of: Coldwell Banker Realty