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1120 S Central Ave 4.39 Acres of Commercial Land Offered at $2,054,315 CAD in Laurel, DE 19956
Investment Highlights
- 7,006 SF free-standing building - -
- High visibility - Spacious
- Zoned C-B with capability for retail, office, medical or service-oriented businesses
Executive Summary
acres along Laurel, DE's main corridor, just miles from Rt 13, the major N/S corridor for the
Eastern Shore. Offering high visibility, multiple points of ingress and egress, plentiful parking and
additional land for development or expansion, the property is positioned for growth. The building
on site was a very well performing Rite-Aid Pharmacy that was in operation for many years.
With a wide-open floor plan and a small warehouse and office space in the rear of the building,
the property is very versatile. A new roof (less than 5 years old) and brand new HVAC systems
(about 1 year old) demonstrate that this property has been well maintained over the years.
C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses,
making this an ideal property for investors or owner-occupants
Property Facts
| Price | $2,054,315 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | Redevelopment Project | Total Lot Size | 4.39 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,054,315 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.39 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,054,315 CAD | Lot Size | 4.39 AC |
| Price Per AC | $467,742.87 CAD |
| Price | $2,054,315 CAD |
| Price Per AC | $467,742.87 CAD |
| Lot Size | 4.39 AC |
Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress & egress, plentiful parking & addt'l land for development.
Description
Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, just miles from Rt 13, the major N/S corridor for the Eastern Shore. Offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion, the property is positioned for growth. The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years. With a wide-open floor plan and a small warehouse and office space in the rear of the building, the property is very versatile. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years.
Property Taxes
| Parcel Number | 332-01.00-8.00 | Improvements Assessment | $37,881 CAD |
| Land Assessment | $13,700 CAD | Total Assessment | $51,581 CAD |
Property Taxes
Presented by
1120 S Central Ave
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