1201 Savannah Rd - Storefront Retail/Office FOR SALE


Lewes, DE 19958
$3,800,000 USD
302-236-7053
1201 Savannah Rd, Lewes, DE for Sale
$3,800,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

1201 Savannah Rd
Lewes, DE 19958


HIGHLIGHTS

  • Lewes Beach

OVERVIEW

This prime shopping center, located in the growing town of Lewes, Delaware, offers a fantastic investment opportunity in a highly sought-after location. Set on 1.3+/- acres, the property is ideally positioned to attract both local traffic and tourists, making it an ideal spot for retail, dining, or service-oriented businesses. Offering 1.3+/- Acres of land with ample parking space and great visibility from major roads. Strategically located in the vibrant and rapidly expanding Lewes market, just minutes from Lewes Beach, and close to Route 1, a main thoroughfare to other coastal destinations. Commercial zoning with a wide variety of allowable uses, including retail, dining, and office space. Convenient access to major roadways and high traffic counts, ideal for attracting shoppers and tourists. Lewes and the surrounding areas continue to see growth, both in terms of population and economic development, providing a solid foundation for long-term tenant demand. The proximity to Lewes Beach and popular vacation spots in the area ensures a steady influx of visitors year-round.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,404 SF

ZONING

B-1

APN/PARCEL ID

335-08.14-44.01

ASK ABOUT THIS PROPERTY

Keith WalpoleR & R Commercial RealtyMore Info
302-236-7053

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Keith WalpoleR & R Commercial RealtyMore Info
302-236-7053

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.