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26539 Lewes Georgetown Hwy, Harbeson, De 19951

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Courtesy: Svn/miller Commercial Real Estate, Andrew Ball

Square Footage
4500.0 sq/ft
Interior Features

    General

    MLS
    Desu2104364
    Price
    $2,200,000.00
    Price/SQft
    $488.89

    MLS Desu2104364
    $2,200,000
    Lot Size:
    7.18 acres
    Listed 134 days ago
    Positioned in a highly desirable growth corridor, this 7.18±-acre, CR-1 zoned property presents a rare opportunity to acquire income-producing land with immediate and long-term development potential. The flexible CR-1 zoning supports a broad mix of commercial and residential uses, making this site ideal for developers, investors, or owner-users seeking scale and versatility.
    The property is currently occupied by 8 month-to-month tenants, generating $10,850 in monthly income ($130,200 annually). This allows a buyer to maintain cash flow while entitlements, design, or phased redevelopment are pursued—a true value-add scenario. Water/sewer available at the street.
    BONUS VALUE – EXPAND YOUR FOOTPRINT
    An adjoining ±1+ acre CR-1 parcel is also available, improved with a (to be) fully renovated home and office, to be connected to public water and sewer. Offered for an additional $875,000 (pricing will adjust if purchased as-is). Acquiring both parcels creates enhanced frontage, increased density potential, and greater development flexibility.

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    DE License# A-001038871
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