Delaware
Selbyville
32474 LIGHTHOUSE ROAD

$7,900,000

32474 LIGHTHOUSE ROAD, Selbyville, DE 19975

Land
Built in ——
10.09acre lot
—— car garage
$——/sqft
Listed 1 year ago

Property Description

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.

Listing Status:: Active
Date Added:: July 26, 2023 at 05:00AM
Listing Office:: Coldwell Banker Realty : 4438562211
Listing Agent:: Nancy Reither : 4106035050
MLS ID:: DESU2044978

Originating MLS: BRIGHT_MAIN
School District: INDIAN RIVER
County: SUSSEX

This listing courtesy of Nancy Reither, Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Showell (Phillip C.) Elementary School

41 Bethany Rd, Selbyville, DE, 19975

Grades KG-5

2.03 miles away

Selbyville Middle School

80 Bethany Rd, Selbyville, DE, 19975

Grades 6-8

1.69 miles away

Indian River Intensive Learning Center

31 Hosier St, Selbyville, DE, 19975

Grades 3-12

2.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.