Date
Details
Price
Change
Source
7/18/2025
Listed
$1,499,500
—
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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$1,499,500
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Property Description
Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion. The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years. With a wide-open floor plan, and a small warehouse and office space in the rear of the building, the property is very versatile for varying uses. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years. C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses, making this an ideal property for investors or owner-occupants.
Full Property Details
Full Property Details for 1120 S Central Ave
General
- Price: $1,499,500
- Taxes: $1,744
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2090982
- Updated: 3/6/2026
- Added to Site: 260 day(s) ago
Business
- Business Type: Auto Related, Big Box Retail, Convenience Store, Day
Parking
- Total Spaces: 40
- Parking Type: Parking Lot
Location
- Area: Little Creek Hundred (31010)
- County: SUSSEX
- Driving Directions: Head North on Rt 13 to Johnny Janosik's World of Furniture. Take a left at the light onto Rt. 24. In less than 1 mile, turn left onto South Central Ave. In less than 1 mile, the property is on the right.
- Location Details: Free Standing
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Other
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Concrete, Other
- Building Size: 7006
- Year Built: 1978
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 4.4
- Lot Size (Sq. Ft.): 191,664
- Lot Size Source: Estimated
- Zoning: C-B
Financial Considerations
- Price Per Sq. Ft.: $214.03
- School Tax: $1,744
- Tax Amount: $1,744
Disclosures and Reports
- Ownership: Fee Simple
Listed by SVN/Miller Commercial Real Estate, Meredith M. Mears
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 1120 S Central Ave —
Meredith M. Mears
SVN/Miller Commercial Real Estate
Listing Office Email: brent.miller@svn.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1120 S Central Ave
School District:Laurel School District
| Name | Grades | Distance |
|---|---|---|
Laurel Elementary School, Laurel, DE 801 South Central Avenue, Laurel, DE 19956 | 1-5 | 0.3 mi |
North Laurel Elementary School 300 Wilson Street, Laurel, DE 19956 | PK-K | 1.3 mi |
Laurel Intermediate Middle School 1133 South Central Avenue, Laurel, DE 19956 | 6-8 | 0.2 mi |
Laurel Senior High School 1133 South Central Avenue, Laurel, DE 19956 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 S Central Ave
Tax History
Tax History for 1120 S Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,720
116%
$37,650
—
2023
$2,187
16%
$37,650
—
2022
$1,893
1%
$37,650
—
2021
$1,877
-2%
$37,650
—
2020
$1,924
-2%
$37,650
—
2019
$1,954
-7%
$37,650
—
2018
$2,110
3%
$37,650
—
2017
$2,043
-6%
$37,650
—
2016
$2,173
16%
$37,650
—
2015
$1,875
13%
$37,650
—
2014
$1,662
3%
$37,650
—
2013
$1,617
—
$37,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1120 S Central Ave
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,680Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,729Sq. Ft.
- Mobile Home
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,576Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 2Total Baths
- 1,824Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,325Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 3,600Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 3,192Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 3Total Baths
- 2,140Sq. Ft.
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1120 S Central Avenue, Laurel, DE 19956 (MLS# DESU2090982) is a Warehouse property. 1120 S Central Avenue is currently listed for $1,499,500 and was received on July 18, 2025. Want to learn more about 1120 S Central Avenue? Do you have questions about finding other Warehouse real estate for sale in Laurel? You can browse all Laurel real estate or contact a Coldwell Banker agent to request more information.