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26539 Lewes Georgetown Hwy - Harbeson Commerce LLC

7.18 Acres of Commercial Land Offered at $2,200,000 in Harbeson, DE 19951

Investment Highlights

  • Route 9 frontage.
  • Lot has previously been developed.
  • Concept plans drawn up by the owner have multiple uses.

Executive Summary

7.18 acres with CR-1 zoning on Rt 9 just East of the Rt 5 intersection in Harbeson. CR-1 zoning is a rare zoning and code allows for a huge range of uses both commercial and residential. A mixed use concept of a 21,000 sqft commercial building up front and 48 garden style apartments on the remaining is an example that the owner has drawn up as a concept plan. Artesian Water and Sewer is available at the road. Existing rents just north of $11k per month are on a month to month basis. The existing block building can be renovated and sectioned for multiple tenants to make this a good ROI income property if you prefer to do so prior to re-development. Owners have extensive survey work and concept plans on file. Sale does not include 26547 Home and office.

Property Facts

Price $2,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
Total Lot Size 7.18 AC

1 Lot Available

Lot

Price $2,200,000
Price Per AC $306,407
Lot Size 7.18 AC

7.18 acres with CR-1 zoning on Rt 9 just East of the Rt 5 intersection in Harbeson. CR-1 zoning is a rare zoning and code allows for a huge range of uses both commercial and residential. A mixed use concept with commercial and apartments on file.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
235-30.00-27.00
Land Assessment
$2,100
Improvements Assessment
$13,000
Total Assessment
$15,100

zoning

Zoning Code CR-1 (rare zoning and code allows for a huge range of uses both commercial and residential.)
CR-1 (rare zoning and code allows for a huge range of uses both commercial and residential.)
  • Listing ID: 33463572

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 26539 Lewes Georgetown Hwy, Harbeson, DE 19951

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