36674 Dupont Blvd, Selbyville, DE 19975 | For Sale

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For Sale $1,250,000

$1,250,000
  • (0)
  • 4 Units
  • Unknown Sq Ft
  • 54,450 Sq Ft
  • Unknown Cap Rate

Description

42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate).

Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,250,000
Property Type Retail
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 9999
Last Sold Unknown
Sold Price Unknown
APN # 53309.0027.00
MLS # DESU2074878
Property ID 321076744
Lot Sqft 54,450
Zoning C-1
Total Units 4
Days on Market 50
Original List Price Unknown
Date Updated November 27, 2024
Date Created November 21, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Florence Brotzman an agent of .


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Data last updated: January 10, 2025.
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