40 S Main St | Magnolia, DE 19962
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40 S Main St
Magnolia, DE 19962
Building 1, 2 & 3 · Retail Property For Sale
Investment Highlights
- Very unique historical property! Excellent venue for the vintage look w/ loads of room for storage or add'l rentals in the back 2 buildings!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1897/2002
Tenancy
Single
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.41
Lot Size
0.68 AC
Zoning
CM
Parking
25 Spaces (2.08 Spaces per 1,000 SF Leased)
Frontage
180 FT on S Main St
Amenities
- Tenant Controlled HVAC
About 40 S Main St , Magnolia, DE 19962
Historial building was once a peach processing plant. Gentle sloping from the middle of the floor to accommodate the rolling bins. Main building has lot of potential! Original exposed, pegged, wood beams still in place. Two outbuildings. One has 2 stories, an elevator (not currently in use, but could be), heat & ac. 2nd outbuilding is a storage shed with loft w/electric and roll up loading dock door. Expansion of lot may be possible.
PROPERTY TAXES
| Parcel Number | 8-15-11310-01-1700-000 | Improvements Assessment | $1,184,800 |
| Land Assessment | $135,200 | Total Assessment | $1,320,000 |
PROPERTY TAXES
Parcel Number
8-15-11310-01-1700-000
Land Assessment
$135,200
Improvements Assessment
$1,184,800
Total Assessment
$1,320,000
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