32474 Lighthouse Rd

Selbyville, DE 19975

$7,900,000.00

price

/

baths

10.09 acres

lot size

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.

General Details

StatusActive
List Price$7,900,000.00
Address32474 Lighthouse Rd
Selbyville DE 19975
MLS NumberDESU2044978
Baths/
Lot Size (Acres)10.09
Lot Size (Sq. Ft.)439520.00
GarageNo
Tax ID533-17.00-182.00
Ownership InterestFee Simple
AgentNancy Reither
BrokerageColdwell Banker Realty

Location

Latitude38.46379095
Longitude-75.17797548
In City LimitsNo
MLS AreaBaltimore Hundred (31001)
Legal SubdivisionBALTIMORE HUNDRED SUSSEX COUNTY
School DistrictINDIAN RIVER

Water Access

WaterfrontNo

Associaton/HOA

HOANo

Utilites Information

Water SourceNone
Sewer/SepticOther
Central AirNo

Request More Information

Hidden
Name(Required)
Offered by

Coldwell Banker Realty

Courtesy of: Coldwell Banker Realty

Listing information Copyright BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
Date last updated: 03/03/2024 07:27:15 AM