1634 Pulaski Hwy 2.08 Acres of Commercial Land Offered at $1,600,000 in Newark, DE 19702

Welcome to 1634 Pulaski Hwy, a newly constructed 3,456sqft commercial building located in the heart of Bear, Delaware. Commercial CR Zoning. The property features a newly constructed building completed three years ago with an investment of over $700,000. was completed in 2023. The first floor is designed with two retail spaces. #1 unit is currently occupied by a jewelry store. #2 unit was specifically designed for an automobile dealership or automotive detailing/car wash business, although it can be adapted for a variety of other commercial uses, subject to applicable approvals and permits. The 845-square-foot second floor offers flexible space that can be used as a studio, office, or for other business purposes. One of the property’s greatest advantages is its large parking area (28 spaces), providing ample parking for customers, employees, and business operations. Behind the building is approximately 2 acres of commercially zoned (C Zoning) land. The owner currently uses this area as a vegetable garden, but it offers outstanding redevelopment potential. The site is ideally suited for future commercial expansion, such as a shopping center, retail development, restaurant, medical offices, or other commercial projects, subject to local approvals. $4,400 monthly income plus 1,200 sf of space that can be rented out which would provide additonal income of $ 3,000 monthly.