32474 Lighthouse Rd, Selbyville, De 19975 $7,900,000

MLS Number
Desu2044978
Standard Status
Active
City Name
Selbyville
Sale Type
Standard
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.

Additional Details

Acres
10.09
Property Type
Land
Lot SQFT
439520.00
MLS Area
Baltimore Hundred (31001)
Listing Entry Date
07/26/2023
SchoolDistrictName
Indian River
Sussex DE Quadrants
Between Rt 1 & 113

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