8991 Redden Rd - Flex FOR SALE


Bridgeville, DE 19933
$1,250,000 USD
302-236-1230
8991 Redden Rd, Bridgeville, DE for Sale
$1,250,000 USD
Flex - FOR SALE
1/31
null | Request Cap Rate

8991 Redden Rd
Bridgeville, DE 19933


HIGHLIGHTS

  • Lighted Intersection
  • Can be equally divided into two spaces
  • 2 acres for expansion

OVERVIEW

Under Contract but looking for good backup offers. Excellent opportunity to own a 4200 s/f C-1 zoned Commercial property sitting on 2 acres on a major N/S corridor with an AADT of 23,500+. The Sussex Highway frontage is 200’ and the Redden Rd frontage is 410’. Each side of the complex mirrors the other and is suitable for multiple office businesses. The current medical and office equipment and furnishings may stay as a goodwill conveyance or may be removed depending on purchasers preference. There are 5 restrooms; ADA compliant, 4 entries, (2 are ADA compliant and one with press plate power assist,) dual electric metered, plenty of patron parking (20 spaces,) with other-abled parking slots. In the rear of the main building is an oversized 2-door block garage and a chain-link fenced in area for RV parking or ready made spot for a stand alone garage. Not located in the city limits so there are no municipal taxes. The annual county taxes are $3200. Very suitable location for a professional office (highest and best use,) continued medical practice, school, or other use. Current owner has been in this location for over 30 years. 4-way signaled intersection for improved highway visibility with easy ingress and egress. This complex is considered to be rated an A or B+ facility needing little to improve. Stormwater pond is already installed. Purchaser can cordon off one half and lease out any unused portion for an added income stream. Parcel has a large 4400-gallon sand lined Cap & Fill septic system with risers, and well.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bridgeville Internal Medicine Complex

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2

LAND SF

87,120

ZONING

C-1

APN/PARCEL ID

131-10.00-89.01

ASK ABOUT THIS PROPERTY

William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

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William LucksWilliam Luck's Professional Group - Powered by KWMore Info
302-236-1230

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