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$ 1,500,000
Est. payment | /mo
2.3 Acres Lot
$ 1,500,000
Est. payment | /mo
2.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 2.300 Acres
MLS Listing ID DESU2110070
Total Units 1
Short Sale No
Originating MLS BRIGHT
Property Description
Direct Main St frontage, prime for redevelopment. This sale is two parcels (233-11.00-274.02 and 233-11.00-274.03) with a combined 2.3 acres, zoned Town Center Mixed-Use, equivalent to the county C-1 zoning. Located immediately adjacent to the Iron Branch Rd signaled intersection with an AADT of 13,570. Located directly on Main Street with 400 foot road front exposure. One parcel (with the dwelling) is connected to public water and sewer, the other parcel (the old restaurant location) has public water and sewer connection available. Very good opportunity for retail, religious facility, medical clinic, daycare, multi-family, mixed-use or complete redevelopment. See Dagsboro E-Code for all permissible uses for Town Center (TC) zoning. Could make an excellent 1031 Starker Exchange property for future development.
Location
State DE
County Sussex
Area Dagsboro Hundred (31005)
Zoning TC (TOWN CTR, MIXED USE)
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
1-purchase type For Sale
Exterior
Garage Spaces 12
Waterfront N
Water Access N
View Street
Accessibility None
Parking Type Driveway
Total Parking Spaces 12
Building
New Construction N
Lot Dimensions 0.00 x 0.00
Sewer Public Sewer
Water Public
Schools
School District Indian River
Others
Tax Amount $686
Tax Year 2025
Tax ID 233-11.00-274.03
Ownership Fee Simple
Special Sale Standard

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Listed by Thomas Lucks • Keller Williams Realty
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