MLS # DESU2074878
36674 dupont blvd, Selbyville, DE 19975
$1,250,000
Commercial Sale
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 c Read More
Built In 9999
Property Summary
Status:
Active
MLS #
DESU2074878
Street Address:
36674 Dupont Blvd
City, State Zip:
Selbyville, DE 19975
County
Sussex
Type:
Commercial Sale
Price
$1,250,000
Year Built:
9999
Roofing:
Metal
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.Property Details
Property & Interior Info:
Existing Name:
Flooring:
Concrete, Wood
Accessibility:
None
Items Included:
Heating & Cooling:
Cooling:
Other
Heating:
90% Forced Air
Utilities:
Water:
Public
Sewer:
Public Sewer,Grinder Pump
Utilities On Site:
Building & Construction:
Type:
Commercial Sale
Lot Dimensions:
0.00 x 0.00
Exterior Type:
Roofing:
Metal
Road Surface:
US Highway/Interstate
Road Access:
State, City/County
OTHER PROPERTY INFO
City:
Selbyville
Area:
Baltimore Hundred (31001)
In City Limits:
No
New Construction:
No
Historic Distict:
No
Last Price Change:
11/22/2024 01:36:38
# of Day on Market:
6 Days
Financial Info:
List Price:
$1,250,000
County Tax:
258
Annual HOA Fees:
$0
Annual Condo Fees:
$0
LISTING FIRM
Listing Agent:
SVN/Miller Commercial Real Estate
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.