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1201 Middleford Road, Seaford, DE 19973
$650,000
1201 Middleford Road, Seaford, DE 19973View this property at 1201 Middleford Road, Seaford, DE 19973
1201 Middleford RoadSeafordDE19973
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Property Description
Priced to sell! Welcome to an extraordinary investment opportunity in the heart of commercial potential. Currently, the property brings in $9,350/month or $112,200/year with the potential to increase revenue. Zoned C1, this property stands as a beacon for savvy investors looking to capitalize on its strategic location adjacent to city-owned land. Nestled in a high-traffic area, this property enjoys outstanding visibility, with additional public parking conveniently available just across the road. Take note of the accessible public water and sewer lines running alongside the property, providing the buyer with the option to annex and secure these utilities. The potential for annexation opens doors to expanded possibilities for a myriad of development options. This property consists of a 4000+/- sqft commercial building with 4 independent units, each with its own electric meter. The units include a tire shop that is leased for $1,500/month, an empty unit that could serve as a new business venture, a barber shop leased at $1,500/month, and a Hispanic store leased at $1,800/month. Additionally, there are 11 spaces for mobile homes, with 7 currently occupied. Three mobile homes won't be included in the sale but they do generate $450/month each in lot rent. Four mobile homes are part of the sale, with rents of $1,000, $1,000, $600, and $600 per month. Seize the opportunity to invest in a versatile commercial property that promises both immediate and long-term income potential! Contact me for more details and to schedule a viewing!
Full Property Details
Full Property Details for 1201 Middleford Rd
General
- Price: $650,000
- Taxes: (2023)
- Status: Active
- Type: Retail
- MLS ID: DESU2051764
- Updated: 4/29/2024
- Added to Site: 180 day(s) ago
Business
- Business Type: Auto Related, Hair Salon and Spa, Supermarket/Grocer
Parking
- Total Spaces: 20
- Parking Type: Parking Lot, Other, Driveway
Location
- Area: Seaford Hundred (31013)
- County: Sussex
- Development Name: Island Development
- Subdivision: Island Development
- Driving Directions: from C21 HTR you turn right on to Rt. 20 and continue until you can turn onto Rt. 13 going south. You will travel for about a quarter mile and make a right onto Middleford Rd. and you will continue for about a quarter mile and the property will be located on the left-hand side on a corner lot.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Electric
Utilities
- Sewer: On Site Septic, Public Hook/Up Avail
- Water: Public Hook-up Available, Private
Structural Information
- Construction: Mixed
- # Loading Docks: 1
- Stories/Levels: 0
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.3
- Lot Size (Sq. Ft.): 56,628
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 360
- Fence: Yes
- Zoning: GENERAL COMMERCIAL C1
Financial Considerations
- Price Per Sq. Ft.: $162.5
- Assessment Year: 2023
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 1
Listed by Century 21 Home Team Realty, JOSE ANTONIO SANTOS
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Schools
Schools serving 1201 Middleford Rd
School District:Seaford School District
Rating | Name | Grades | Distance |
---|---|---|---|
1 Delaware Pl, Seaford, DE 19973 | PK-5 | 0.5 mi | |
1 Swain Rd, Seaford, DE 19973 | PK-5 | 1.1 mi | |
399 N Market Street Ext, Seaford, DE 19973 | 8-12 | 0.6 mi | |
500 E Stein Hwy, Seaford, DE 19973 | 6-8 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 Middleford Rd
Date
Details
Price
Change
Source
4/29/2024
Price Reduced
$650,000
-7.14%
MLS
4/09/2024
Price Reduced
$700,000
-6.67%
MLS
2/27/2024
Price Reduced
$750,000
-6.25%
MLS
11/19/2023
Listed
$800,000
—
MLS
Disclaimer: Historical sales 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 1201 Middleford Rd
1201 Middleford Road, Seaford, DE 19973 (MLS# DESU2051764) is a Retail property. 1201 Middleford Road is currently listed for $650,000 and was received on November 19, 2023. Want to learn more about 1201 Middleford Road? Do you have questions about finding other Retail real estate for sale in Seaford? You can browse all Seaford real estate or contact a Coldwell Banker agent to request more information.