$1,250,000

36674 DUPONT BLVD, Selbyville, DE 19975

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate). Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.

Listing Status:
Active
Listing Office:
SVN/Miller Commercial Real Estate : 4105432440
Listing Agent:
Florence Brotzman : 4105432419
MLS ID:
DESU2074878
  • Flooring: ConcreteWood
  • A/C: Other
  • Heating: 90% Forced AirOil
  • Disability Feature: None

This listing courtesy of Florence Brotzman, SVN/Miller Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Southern Delaware School of the Arts

27 Hosier St, Selbyville, DE, 19975

Grades KG-8

1.13 miles away

S

Southern Delaware School of the Arts

27 Hosier St, Selbyville, DE, 19975

Grades KG-8

1.13 miles away

I

Indian River Intensive Learning Center

31 Hosier St, Selbyville, DE, 19975

Grades 3-12

1.15 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.

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