Sussex Highway Laurel, DE $ 6,500,000
Sussex Highway
$ 6,500,000
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Sussex Highway

Laurel, DE, 19956
$ 6,500,000
Baths0.0 Sq 69,000

Monthly Estimate*

$ 43,201

Sussex Highway, Laurel, DE 19956 - Image 1
Sussex Highway, Laurel, DE 19956 - Image 2
Sussex Highway, Laurel, DE 19956 - Image 3
Studio

Commercial Property for sale in Laurel, DE

for $6,500,000. This 69,000 square foot building was built in 1990 on a lot size of 8.

A prime investment and/or redevelopment opportunity fronting Sussex Highway (RT 13) and County Seat Highway (RT 9) in Laurel, Delaware. The 8-acre site currently features a 69,000 SF multi-unit commercial building and gas station (6-yrs left on gas station lease; property owner receives a rebate based on gallons sold). There is a permanent easement in place with the adjacent Burger King and cell tower. Stormwater management in place with prorated maintenance agreement based on amount of land owned. Any upgrades to stormwater management are billed to whoever requires. Water and sewer stubbed and available. No restrictions. This site lends itself to a variety of possible uses and is situated at a highly trafficked, signaled intersection! Site plans, easement agreements, EDU information & more available upon request.

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Commercial Pending

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 24,904

Style

Auto Related,Convenience Store/Gas,Flex,/General R

Lot Size

8

Year Built

1990

Town/City

Laurel

County/Region

Sussex

MLS | Web ID

DESU2038858

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Settlement
Zoning COM & BUS USE DISTRICT
Construction Materials Other
Year Built 1990
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related Convenience Store/Gas Flex Other/General Retail
Accessibility Other
County SUSSEX
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions Located on the corner of Sussex Highway (Route 13) and County Seat Hwy (Route 9) in Laurel Delaware.
City LAUREL
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Broad Creek Hundred (31002)
Lot Size Square Feet 348480.00
Waterfront Y/N N
Street Name SUSSEX
Tax Annual Amount 24904.0
Vacation Rental Y/N N
Days on Market 111
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Pending
Year Built Source Estimated
Legal Subdivision CEDAR CREEK HUNDRED SUSSEX COUNTY
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 8.00
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Nai Coastal

Broker

chris@naicoastal.com

Email

Affordability Calculator

$45,276
Per Month
95%
5%
0%
Monthly Principal & Interest
$43,201
Monthly Property Taxes
$2,075
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2023$6,500,000 -4.41% Price Down
3/30/2023$6,800,000 Listed Price

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Sussex Highway, Laurel, DE, 19956 is a Commercial Property for sale at $6,500,000 with 69,000 sqft and a lot size of 8. Sussex Highway is a studio with 0.0 baths and was built in 1990. The property's zip code is 19956 which is in Laurel, DE