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Investment Highlights

  • Income producuded lot

Executive Summary

Welcome to 1634 Pulaski Hwy, a newly constructed 3,456sqft commercial building located in the heart of Bear, Delaware. Commercial CR Zoning. The property features a newly constructed building completed three years ago with an investment of over $700,000. was completed in 2023. The first floor is designed with two retail spaces. #1 unit is currently occupied by a jewelry store. #2 unit was specifically designed for an automobile dealership or automotive detailing/car wash business, although it can be adapted for a variety of other commercial uses, subject to applicable approvals and permits. The 845-square-foot second floor offers flexible space that can be used as a studio, office, or for other business purposes. One of the property’s greatest advantages is its large parking area (28 spaces), providing ample parking for customers, employees, and business operations. Behind the building is approximately 2 acres of commercially zoned (C Zoning) land. The owner currently uses this area as a vegetable garden, but it offers outstanding redevelopment potential. The site is ideally suited for future commercial expansion, such as a shopping center, retail development, restaurant, medical offices, or other commercial projects, subject to local approvals. $4,400 monthly income plus 1,200 sf of space that can be rented out which would provide additonal income of $ 3,000 monthly.

Attachments

attachment (1)

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Taxes $8,378 $4,028.12
Operating Expenses - -
Total Expenses $8,378 $4,028.12

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $8,378
Annual Per AC $4,028.12
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $8,378
Annual Per AC $4,028.12

Property Facts

Price $2,250,768 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.08 AC
No. Stories 1
Zoning CR

1 Lot Available

Lot Tax ID 10-

Price $2,250,768 CAD
Price Per AC $1,082,100.04 CAD
Lot Size 2.08 AC

Welcome to 1634 Pulaski Hwy, a newly constructed 3,456sqft commercial building w/2.02 Ac, Commercial CR Zoning. The property features a newly constructed building completed three years ago with an investment of$700K

Description

Welcome to 1634 Pulaski Hwy, a newly constructed 3,456sqft commercial building located in the heart of Bear, Delaware. Commercial CR Zoning. The property features a newly constructed building completed three years ago with an investment of over $700,000. was completed in 2023. The first floor is designed with two retail spaces. #1 unit is currently occupied by a jewelry store. #2 unit was specifically designed for an automobile dealership or automotive detailing/car wash business, although it can be adapted for a variety of other commercial uses, subject to applicable approvals and permits. The 845-square-foot second floor offers flexible space that can be used as a studio, office, or for other business purposes. One of the property’s greatest advantages is its large parking area (28 spaces), providing ample parking for customers, employees, and business operations. Behind the building is approximately 2 acres of commercially zoned (C Zoning) land. The owner currently uses this area as a vegetable garden, but it offers outstanding redevelopment potential. The site is ideally suited for future commercial expansion, such as a shopping center, retail development, restaurant, medical offices, or other commercial projects, subject to local approvals.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
10-048.00-007
Land Assessment
$585,200 CAD
Improvements Assessment
$187,095 CAD
Total Assessment
$772,295 CAD
Annual Taxes
$8,378 CAD
Tax Year
2025
  • Listing ID: 41350809

  • Date on Market: 2026-07-18

  • Last Updated:

  • Address: 1634 Pulaski Hwy, Newark, DE 19702

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