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508-512 Main Street 508-510 Main St 5,744 SF 100% Leased Office Building Stanton, DE 19804 $1,900,000 ($330.78/SF)
INVESTMENT HIGHLIGHTS
- Full movement around the center island
- Income producing (owner occupies 508-510 Main) accounting firm (3,840 SF) and liquor store/food mart + 1 vacant apartment (4,160 SF).
- Outstanding visibility at the intersection of Route 7 (Limestone Road) & Route 4 with traffic counts upwards of 56,000 +/- vehicles per day.
EXECUTIVE SUMMARY
Three combined parcels totaling 0.66 AC.
There are Deldot rightaways at each end of the 508 & 512 properties.
Incomeproducing (owner occupies 508-510 Main) accounting firm (3,840SF) and liquor store/food mart + 1 apartment (4,160 SF).
Outstanding visibility at the intersection of Route 7 (Limestone Road) & Route 4 with traffic counts upwards of 56,000 +/- vehicles per day.
There are Deldot rightaways at each end of the 508 & 512 properties.
Incomeproducing (owner occupies 508-510 Main) accounting firm (3,840SF) and liquor store/food mart + 1 apartment (4,160 SF).
Outstanding visibility at the intersection of Route 7 (Limestone Road) & Route 4 with traffic counts upwards of 56,000 +/- vehicles per day.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
5,744 SF
Building Class
C
Year Built
1955
Price
$1,900,000
Price Per SF
$330.78
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,667 SF
Slab To Slab
9’
Building FAR
0.63
Lot Size
0.21 AC
Zoning
CN - Commercial Neighborhood (New Castle County)
Parking
15 Spaces (2.25 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $158,600 | |
| Land Assessment | $73,100 | Total Assessment | $231,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$73,100
Improvements Assessment
$158,600
Total Assessment
$231,700
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508-512 Main Street | 508-510 Main St
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