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Bridgeville Internal Medicine Complex 8991 Redden Rd 4,200 SF Vacant Flex Building Bridgeville, DE 19933 $1,250,000 ($297.62/SF)

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INVESTMENT HIGHLIGHTS

  • Lighted Intersection
  • 2 acres for expansion
  • Can be equally divided into two spaces

EXECUTIVE SUMMARY

Direct frontage on major highway. Excellent opportunity to own a 4200 s/f C-1 zoned Commercial property sitting on 2 acres on a major N/S corridor with an AADT of 23,500+. The Sussex Highway frontage is 200’ and the Redden Rd frontage is 410’. Each side of the complex mirrors the other and is suitable for multiple office businesses. The current medical and office equipment and furnishings may stay as a goodwill conveyance or may be removed depending on purchasers preference. There are 5 restrooms; ADA compliant, 4 entries, (2 are ADA compliant and one with press plate power assist,) dual electric metered, plenty of patron parking (20 spaces,) with other-abled parking slots. In the rear of the main building is an oversized 2-door block garage and a chain-link fenced in area for RV parking or ready made spot for a stand alone garage. Not located in the city limits so there are no municipal taxes. The annual county taxes are $3200. Very suitable location for a professional office (highest and best use,) continued medical practice, school, or other use. Current owner has been in this location for over 30 years. 4-way signaled intersection for improved highway visibility with easy ingress and egress. This complex is considered to be rated an A or B+ facility needing little to improve. Stormwater pond is already installed. Purchaser can cordon off one half and lease out any unused portion for an added income stream. Parcel has a large 4400-gallon sand lined Cap & Fill septic system with risers, and well.

PROPERTY FACTS

Price $1,250,000
Price Per SF $297.62
Sale Type Investment or Owner User
Property Type
Flex
  • General Retail Storefront Retail/Office
  • Showroom
  • Office Office Residential
Building Class B
Lot Size 2.00 AC
Rentable Building Area 4,200 SF
No. Stories 1
Year Built 1999
Parking Ratio 4.76/1,000 SF
Zoning C-1 - Commercial

AMENITIES

  • Security System
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131-10.00-89.01
Land Assessment
$7,500
Improvements Assessment
$48,200
Total Assessment
$55,700
  • Listing ID: 33408106

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 8991 Redden Rd, Bridgeville, DE 19933

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