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.87 acres C-1 Land, Beach Hwy 17672 Coastal Hwy

1,500 SF 100% Leased Retail Building Lewes, DE 19958 £1,330,165 (£887/SF)

Investment Highlights

  • Ideal redevelopment property
  • Central Utilities
  • Small house sits fronting Shady Rd, all zoned C-1

Executive Summary

Fully leased Coastal Hwy property with 100 ft of frontage, central sewer and water available. Tenant is paying below market rate, month to month while business property is leased through 2027 @6k/month

Attachments

Shady Rd additional info
Seller Disclosure C&D
Radon, Shady Rd
Parcel 537, Shady Rd

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,500 SF
Building Class
B
Year Built
1990
Price
£1,330,165
Price Per SF
£887
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.04
Lot Size
0.89 AC
Zoning
C1 - Highway Commercial, allowing 12 units/acres of Townhomes under this C-1 zoning Ideal property for a strip center, apartment building etc.
Frontage
100 ft on Coastal Hwy

Amenities

  • Pylon Sign
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Nearby Major Retailers

Pat's Pizzeria
PNC Bank
Capriotti's
Fit Body Boot Camp
Weis Markets
The Greene Turtle Sports Bar& Grille
Anytime Fitness
Citizens Bank
CrossFit
WSFS Bank
(302) 542-0900

Contact

  • Listing ID: 32308987

  • Date on Market: 01/07/2024

  • Last Updated:

  • Address: 17672 Coastal Hwy, Lewes, DE 19958

The Retail Property at 17672 Coastal Hwy, Lewes, DE 19958 is currently available for sale. Contact BHHS PenFed Realty for more information.

Nearby Listings

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17672 Coastal Hwy, Lewes, DE for sale Primary Photo- Image 1 of 8
Copy of Coastal17672-1
17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 2 of 8
Parccel 531 Building
17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 3 of 8
Parcel 537 Shady Rd
17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 4 of 8
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17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 5 of 8
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17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 6 of 8
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17672 Coastal Hwy, Lewes, DE for sale Building Photo- Image 7 of 8
Copy of Coastal17672-2

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© 2024 CoStar Group

.87 acres C-1 Land, Beach Hwy | 17672 Coastal Hwy
(302) 542-0900 x

.87 acres C-1 Land, Beach Hwy | 17672 Coastal Hwy

Sandra Ware

(302) 542-0900

(302) 542-0900

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