505 W Market Street, Georgetown, DE 19947 - Photo 1

1/1

$96,000

Sold
Closed
Commercial Lease

1/1

Property Description

3000 SF Office space available in the Georgetown Medical Center located on W Market Street in Georgetown, DE. Formerly used as a physician's office. Multiple offices/exam rooms, waiting room/lobby, reception area and restrooms. New paint and flooring almost complete! For lease at $16 PSF plus NNN. Tenant is responsible for utilities.

Full Property Details

Full Property Details for 505 W Market St

General

Sold For: $96,000
Status: Closed
Type: Commercial Lease
Source: BrightMLSMidAtlantic
MLS ID: DESU2051560
Added to Site: 802 day(s) ago

Business

Business Type: Medical, Professional

Rental Information

Lease/Rent Term: 24 Months

Parking

Total Spaces: 5
Parking Type: Parking Lot

Location

Area: Georgetown Hundred (31006)
County: Sussex
Driving Directions: Located on W Market Street just off US Route 113

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Heating Type: Other
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: Other
Water: Other

Structural Information

Construction: Brick
Stories/Levels: 0
Current Bldg. Use: Office
Year Built: 2006
Year Built Source: Estimated

Lot Features

Lot Size (Acres): 1.18
Lot Size (Sq. Ft.): 51,401
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Zoning: TN

Financial Considerations

Price Per Sq. Ft.: $.01
School Tax: $164
Terms: Standard Sale

Disclosures and Reports

Ownership: Other

Listed by SVN/Miller Commercial Real Estate, Christina Rice
Sold by Berkshire Hathaway HomeServices PenFed Realty, SANDRA L WARE

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Listing agent

— 505 W Market St —

Christina Rice

SVN/Miller Commercial Real Estate

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Schools

Schools serving 505 W Market St

School District:Indian River School District

Name	Grades	Distance
Georgetown Elementary School 301 West Market Street, Georgetown, DE 19947	PK-5	0.2 mi
Georgetown Middle School 301 West Market Street, Georgetown, DE 19947	6-8	0.2 mi
Sussex Central High School, Georgetown, DE 26026 Patriots Way, Georgetown, DE 19947	8-12	5.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 W Market St

Date

Details

Price

Change

Source

6/28/2024

Sold

$96,000

599900%

MLS

11/10/2023

Listed

$16

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 1 day ago

5
Beds
8
Total Baths
11,406
Sq. Ft.

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Just Listed

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Active
Updated 5 days ago

4
Beds
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Total Baths
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Sq. Ft.

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Just Listed

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Updated 5 days ago

4
Beds
1
Total Bath
1,280
Sq. Ft.

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Just Listed

$949,000

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Single Family
Active
Updated 6 days ago

3
Beds
2
Total Baths
1,800
Sq. Ft.

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Price Reduced

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$659,900

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Single Family
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Updated 6 hours ago

4
Beds
4
Total Baths
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Sq. Ft.

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Price Reduced

-$24,900 (-3.83%)

$625,000

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Single Family
Active
Updated 1 day ago

4
Beds
4
Total Baths
3,750
Sq. Ft.

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Price Reduced

-$5,000 (-0.8%)

$619,990

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Single Family
Active
Updated 1 day ago

4
Beds
2
Total Baths
2,366
Sq. Ft.

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Price Reduced

-$95,100 (-15.98%)

$499,900

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Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
2,500
Sq. Ft.

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Sold

$90,000

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Lots/Land
Closed

0.72
Acres

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$90,400

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Lots/Land
Closed
Updated 6 days ago

1.69
Acres

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Sold

$90,400

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Lots/Land
Closed
Updated 6 days ago

1.52
Acres

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Sold

$89,999

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Lots/Land
Closed
Updated 20 hours ago

1.62
Acres

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505 W Market Street, Georgetown, DE 19947 (MLS# DESU2051560) is a Commercial Lease property that was sold at $96,000 on June 28, 2024. Want to learn more about 505 W Market Street? Do you have questions about finding other Commercial Lease real estate for sale in Georgetown? You can browse all Georgetown real estate or contact a Coldwell Banker agent to request more information.

505 W Market St Georgetown, DE 19947