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62 W Commerce St 3,878 SF 100% Leased Retail Building Smyrna, DE 19977 $345,000 ($88.96/SF)
Investment Highlights
- Opportunity Zone
- Downtown district with grants available
- Close to US Route 1 and US Route 13
Executive Summary
For Sale is this retail/service store front with warehouse and second story studio apartment. Zoned Central Commercial, Town of Smyrna. The store is currently operated by the owner as a retail yarn shop and the business can be purchased separately. There is an attached 40x22 foot warehouse and a second story walk up studio Apartment. The vacant apartment has new roof, windows, appliances, mini split HVAC, led lighting, trex stairs and separate utilities. The apartment is currently used by the owner as an office. On site parking lot. Great visibility on West Commerce Street in downtown Smyrna. Located close to Us Route 13 and Us Route 1 in the Smyrna Downtown district and Opportunity zone.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,878 SF
Building Class
C
Year Built/Renovated
1900/2025
Price
$345,000
Price Per SF
$88.96
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.90
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
CC - Central Commercial Town of Smyrna
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-17-01017-02-3501-000 | Improvements Assessment | $119,900 |
| Land Assessment | $109,400 | Total Assessment | $229,300 |
Property Taxes
Parcel Number
1-17-01017-02-3501-000
Land Assessment
$109,400
Improvements Assessment
$119,900
Total Assessment
$229,300
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62 W Commerce St
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