Active
32474 Lighthouse Rd
Selbyville DE, 19975
$7,900,000
$17.97 per sqft
Active
10.09 Acres
Land
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.
DESU2044978
MLSⓇ ID
July 26, 2023
Listed
November 22, 2024
Updated
Map
32474 Lighthouse Rd
Selbyville DE, 19975
Exterior/Building Features
Lot Size
10.09 Acres
School Information
School District
INDIAN RIVER
Other Property Details
Taxes
$527
Tax Frequency
Annually
Days on Market
435
Garage
No
View
No
County
SUSSEX
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/1/2024 | Price change | $7,900,000 75% |
Listed by Coldwell Banker Realty
Listing Contact: 4106035050
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Data last updated on 11/22/2024 at 4:01 AM UTC