32474 Lighthouse Rd,
Selbyville, De 19975 $7,900,000

Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

Essentials

MLS Number
Desu2044978
List Price
$7,900,000
Standard Status
Active
Property Type
Land
Waterfront
N

Interior

Exterior

Location

Address
32474 Lighthouse Rd, Selbyville, De
Acres
10.09
Lot Size Dimensions
0.00 X 0.00
MLS Area
Baltimore Hundred (31001)

Interior Features

    Appliances

      Additional Information

      SchoolDistrictName
      Indian River
      Sewer Septic
      Other
      Tax Annual Amount
      $527
      Water Source
      None
      Listing courtesy of Coldwell Banker Realty.