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24904 Sussex Hwy 16,000 SF Vacant Retail Building Seaford, DE 19973 $1,999,000 ($124.94/SF)



Investment Highlights
- Heavy Traveled RT 13
- Plenty of parking
- Large Building
Executive Summary
This commercial property, built in 1990, offers a prime investment opportunity with significant potential returns. Situated on a generous 4.59-acre lot along a busy highway, it boasts excellent visibility and accessibility, making it an ideal location for various business ventures. The sturdy block and brick construction ensures durability, while the paved parking lot provides convenience for both customers and employees. Investors will appreciate the strategic positioning that attracts consistent foot traffic, enhancing the potential for high rental yields or resale value. The property's established presence in the area, combined with its ample space, allows for versatile usage-whether for retail, office space, or mixed-use development. With the right vision, this property can transform into a thriving hub, offering not just a place of business but a welcoming environment that fosters community engagement. Seize this opportunity to invest in a location that promises growth and stability.
Seller would like to lease back partial or all of the building.
Seller would like to lease back partial or all of the building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,000 SF
Building Class
C
Year Built
1990
Price
$1,999,000
Price Per SF
$124.94
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
4.59 AC
Zoning
C1
Parking
55 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
186’ on Hastings Park Way
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 132-01.00-18.00 | Improvements Assessment | $99,000 |
| Land Assessment | $11,500 | Total Assessment | $110,500 |
Property Taxes
Parcel Number
132-01.00-18.00
Land Assessment
$11,500
Improvements Assessment
$99,000
Total Assessment
$110,500
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24904 Sussex Hwy
