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Investment Highlights
- Zoned Commercial General, supporting multiple potential uses including retail or mixed commercial purposes.
- Features a freestanding retail structure with a one-story layout and on-site parking for ease of access.
- Equipped with pylon signage visibility, enhancing brand exposure for tenants or owner-users.
- Positioned approximately 1 mile from US Highway 1 and 3 miles from I-95, offering excellent regional connectivity.
- Lot size of about 0.71 acres provides space for operations and potential future improvements.
Executive Summary
Prime investment opportunity with potential for multiple leases on a 7/10th acre commercial property. Situated with convenient access to Delaware Ave. and Easter Ave., this property boasts commercial general zoning allowing for a variety of potential uses. Located just 1 mile from US Hwy 1 and 3 miles from I-95, the location offers exceptional connectivity.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,670 SF
Building Class
C
Year Built
1977
Price
$750,000
Price Per SF
$160.60
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.87 AC
Zoning
Commercial - Commercial
Parking
8 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
60’ on Delaware Ave
Amenities
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 36
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1531 Delaware Ave
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