1. Delaware
  2. Selbyville
  3. 7 HOSIER STREET
$2,290,000

7 HOSIER STREET, Selbyville, DE 19975

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon1.13acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

This exceptional industrial property offers a rare investment opportunity, featuring a long-standing and reputable tenant, strategically located in the highly sought-after Selbyville, Delaware, market. The property consists of over 39,500 square feet of warehouse, office, and show room space spread across 3 Acres, making it ideal for investors seeking stable cash flow and growth potential. Since 1969, this property has been the home of Cabinetry Unlimited, a well-established business servicing the entire Delmarva Peninsula. Cabinetry Unlimited has successfully operated their business for decades, showcasing the stability of the tenant and their commitment to the property for the foreseeable future. The industrial site includes three buildings, each equipped with essential features such as loading docks, drive-in doors, and ample manufacturing space. With its combination of a prime location, quality tenant, and versatile industrial features, this property presents an outstanding opportunity for investors seeking a secure, income producing asset. 5/1/2025 NOI $180,000 with quarterly percentage rent bonuses. Initial term through April 2028 with multiple options to extend.

Listing Status:
Active
Date Added:
October 21, 2024 at 05:00AM
Listing Office:
NAI Coastal : 4105435115
Listing Agent:
Shelby Gillis : 4433662521
MLS ID:
DESU2072942
  • A/C: Other
  • Heating: YOtherOther
  • Disability Feature: Level Entry - Main

This listing courtesy of Shelby Gillis, NAI Coastal

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

0.12 miles away

S

Southern Delaware School of the Arts

27 Hosier St, Selbyville, DE, 19975

Grades KG-8

0.12 miles away

I

Indian River Intensive Learning Center

31 Hosier St, Selbyville, DE, 19975

Grades 3-12

0.15 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.