Industrial

  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975
  • Selbyville, DE 19975

38016 Fenwick Shoals
Selbyville, DE 19975

MLS Number: 723335

$2,950,000


Description: This is the sale of Fenwick Shoals Shopping Plaza. In addition to parcel 753 (1.25 acres) it also includes tax parcel 754 (.63 acres) The total of both parcels that convey is 1.83 acres. The total square foot of improvements for both parcels is 15,940 sq. ft. Parcel 753 is improved w/8,030 s.f. retail bldg (sale does not include Mio Fratello's). Parcel 754 is improved w/Billie's Sub Shop (1,271 s.f.) and Freeman Foundation Bldg (6,375 s.f.). Existing leases to be honored. Currently two vacant spaces available for lease. Current total yearly rent with CAM $131,276. If remaining two units were leased, additional $150,000 +- of yearly rental income would be available.

Description

  • This is the sale of Fenwick Shoals Shopping Plaza. In addition to parcel 753 (1.25 acres) it also includes tax parcel 754 (.63 acres) The total of both parcels that convey is 1.83 acres. The total square foot of improvements for both parcels is 15, 940 sq. ft. Parcel 753 is improved w/8, 030 s.f. retail bldg (sale does not include Mio Fratello's). Parcel 754 is improved w/Billie's Sub Shop (1, 271 s.f.) and Freeman Foundation Bldg (6, 375 s.f.). Existing leases to be honored. Currently two vacant spaces available for lease. Current total yearly rent with CAM $131, 276. If remaining two units were leased, additional $150, 000 +- of yearly rental income would be available.

General Details

  • Lot Area: 79,715
  • Property Type: Commercial/Industrial
  • County: Sussex
  • Year Built: 2006
  • Sub-Division: Fenwick Shoals
  • Historical District: No
  • Area: Baltimore Hundred
  • Disclosures: Subj to Rental/Lease Agrm
  • Section: Between Rt. 1 & 113
  • Security: Local Fire Company, Smoke Detectors
  • Sewer: Sewer-Public Central
  • Acres: 1

Community Information

  • Zoning: B1

Exterior Features

  • Roof: Metal
  • Exterior Type: Cedar Siding

Interior Features

  • Basement: None
  • Flooring: Carpet, Vinyl
  • Heating: Multi Zone
  • Cooling: Zoned A/C
  • Water: Water-Public Central

Lot Information

  • SqFt: 79,715

School Information

  • School District: Indian River

Fees & Taxes

  • County Taxes: $5,010

Other Info

  • Listing Courtesy Of: COLDWELL BANKER RESIDENTIAL BROKERAGE

Rehoboth Beach Office

20184 Coastal Highway
Rehoboth Beach, DE 19971
302-227-5000
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800 Kings Highway
Lewes, DE 19958
302-645-2881
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Seaford, DE 19973
302-629-5575
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Milford, DE 19963
302-422-8200
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