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$2,100,000
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Property Description
This exceptional industrial property offers a rare investment opportunity, featuring a long-standing and reputable tenant, strategically located in the highly sought-after Selbyville, Delaware, market. The property consists of over 39,500 square feet of warehouse, office, and show room space spread across 3 Acres, making it ideal for investors seeking stable cash flow and growth potential. Since 1969, this property has been the home of Cabinetry Unlimited, a well-established business servicing the entire Delmarva Peninsula. Cabinetry Unlimited has successfully operated their business for decades, showcasing the stability of the tenant and their commitment to the property for the foreseeable future. The industrial site includes three buildings, each equipped with essential features such as loading docks, drive-in doors, and ample manufacturing space. With its combination of a prime location, quality tenant, and versatile industrial features, this property presents an outstanding opportunity for investors seeking a secure, income producing asset. 5/1/2025 NOI $180,000 with quarterly percentage rent bonuses. Initial term through April 2028 with multiple options to extend.
Full Property Details
Full Property Details for 7 Hosier St
General
- Sold For: $2,100,000
- Taxes: $3,407 (2024)
- Status: Closed
- Type: Manufacturing
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2108716
- Added to Site: Today
Business
- Business Type: Flex, Manufacturing
Parking
- Total Spaces: 45
- Parking Type: Parking Lot
Location
- Area: Baltimore Hundred (31001)
- County: SUSSEX
- Driving Directions: Hosier Street off of US Route 113.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Public
Structural Information
- Construction: Other
- Drive-In Doors: 5
- # Loading Docks: 5
- Building Size: 39530
- Year Built: 1970
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 1.13
- Lot Size (Sq. Ft.): 49,223
- Lot Size Source: Estimated
- Frontage Feet: 300
- Zoning: GC
- Lot Description: Additional Lot(s)
Financial Considerations
- Price Per Sq. Ft.: $57.93
- Assessment Year: 2024
- School Tax: $3,075
- County Tax: $332
- County Tax Freq: Annually
- Tax Amount: $3,407
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by NAI Coastal, Shelby Gillis
Sold by Unrepresented, Unrepresented
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Schools
Schools serving 7 Hosier St
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
Showell (Phillip C.) Elementary School 41 Bethany Road, Selbyville, DE 19975 | PK-5 | 0.4 mi |
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975 | 6-8 | 0.8 mi |
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945 | 8-12 | 5.6 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 7 Hosier St
Date
Details
Price
Change
Source
3/31/2026
Sold
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 Hosier Street, Selbyville, DE 19975 (MLS# DESU2108716) is a Manufacturing property that was sold at $2,100,000 on March 31, 2026. Want to learn more about 7 Hosier Street? Do you have questions about finding other Manufacturing real estate for sale in Selbyville? You can browse all Selbyville real estate or contact a Coldwell Banker agent to request more information.

