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Investment Highlights
- Heavy traffic count
- Immediate downtown access
- Strong visibility
- Riverfront Property
Executive Summary
295 N. Delaware Drive is a ±0.84-acre value-add commercial site located along Route 611 near downtown Easton, directly adjacent to the Delaware River and within close proximity to Lafayette College. The property includes an existing ±2,500 SF building with utilities on site (gas, electric, water, and sewer), offering immediate usability with significant upside through renovation, expansion, or full redevelopment.
The existing structure presents an opportunity for adaptive reuse including service, repair, retail, or other commercial applications, while the site also supports the potential to expand or construct a new building of up to ±8,000 gross SF, subject to approvals. Alternatively, a purchaser may elect to remove the existing improvements and reposition the property with a new development concept tailored to market demand.
Zoned River Corridors and Other Green Areas (RC) under the City of Easton, the property allows for a broad range of permitted and special exception uses including retail, personal and business services, repair services, food and beverage, mixed residential/commercial uses, and other commercial or institutional applications. The zoning framework provides flexibility for users willing to work collaboratively with the municipality to unlock the site’s highest and best use.
With high visibility, strong regional access (±0.3 miles to Route 22), and a rare combination of existing infrastructure plus redevelopment optionality, 295 N. Delaware Drive represents an attractive opportunity for users and investors seeking a strategic foothold in Easton’s evolving waterfront corridor.
The existing structure presents an opportunity for adaptive reuse including service, repair, retail, or other commercial applications, while the site also supports the potential to expand or construct a new building of up to ±8,000 gross SF, subject to approvals. Alternatively, a purchaser may elect to remove the existing improvements and reposition the property with a new development concept tailored to market demand.
Zoned River Corridors and Other Green Areas (RC) under the City of Easton, the property allows for a broad range of permitted and special exception uses including retail, personal and business services, repair services, food and beverage, mixed residential/commercial uses, and other commercial or institutional applications. The zoning framework provides flexibility for users willing to work collaboratively with the municipality to unlock the site’s highest and best use.
With high visibility, strong regional access (±0.3 miles to Route 22), and a rare combination of existing infrastructure plus redevelopment optionality, 295 N. Delaware Drive represents an attractive opportunity for users and investors seeking a strategic foothold in Easton’s evolving waterfront corridor.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,928 SF
Building Class
C
Year Built
1973
Price
$615,254 CAD
Price Per SF
$210.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Zoning
RC - Section: 595-17 River Corridors and Other Green Areas (RC) District.
Source: https://ecode360.com/36576241#36576822
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | L9NE3B-11-2-0310 | Improvements Assessment | $24,135 CAD |
| Land Assessment | $33,953 CAD | Total Assessment | $58,089 CAD |
Property Taxes
Parcel Number
L9NE3B-11-2-0310
Land Assessment
$33,953 CAD
Improvements Assessment
$24,135 CAD
Total Assessment
$58,089 CAD
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