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Commercial Development Lot
Route 13 - Median of Highway, Harrington, DE 19952

Awesome Commercial Lot!
Last Verified 12/31/2004
Listing ID 13865782
Highlights
Great Location
Awesome possibilities
Approved for frachise hotel/with engineering plans complete
Sandwiched between North and Southbound lanes of Rte. 13
Clear and Level lot
Permitting approved four-story hotel or motel building
Description
This is an incredible opportunity for potential investors interested in build out. Ideal for various commercial applications such as hotel/motel, fast food franchises, gas stations, strip centers, etc. A good 1.35 acres of vacant land with permiting done and ready to build. The parcel is zoned C-2 in City of Harrington and has public utilities available. This property comes with ready to construct architectural plans complete and approved for a Best Western franchise site. Can expect to gross over $15,000 per room/year in this market with rate between $50-200 depending on season. Will also do a ground lease and get all permits and architectural plans for FREE. Current plans exist for a hotel upto 4 stories high, 44 rooms + living quarters. However, architectural plans can be redone to accomodate over 60 rooms on the site thereby increasing profitability. The possibilities are endless for the creative entreprenuer. Hotel Groups can add to their portfolio with immediate build out.
Unbelievable location BETWEEN Rt 13 North and South. Only site left in Delaware that is BETWEEN the north and south Rt 13 and can access property from both sides. Rt 13 is the one of the busiest roads on all of Delaware. Walking distance to a very busy SLOTS and Horse Track complex. Must see to appreciate. Vacant land BETWEEN Rt 13 north and southbound lanes in Harrington, DE right across from Holiday Inn Express and adjoins the lot owned by Hardee's franchise at the corner of Rt. 14 and Rt. 13 in Harrington. Highway access is from Porter Street at the south boundary of the lot. Rt 13 is currentlyoperating at 20,000 cars per day average, year round. Ideal for any business including but not limited to gas station, fast food franchise, strip retail, or hotel.
Map of Route 13 - Median of Highway, Harrington, DE 19952
Created 2/25/2004
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO