1201 Middleford Road Seaford, DE $ 650,000
1201 Middleford Road
$ 650,000
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1201 Middleford Road

Seaford, DE, 19973
$ 650,000
Baths0.0 Sq 3,906

Monthly Estimate*

$ 4,320

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Studio

Commercial Property for sale in Seaford, DE

for $650,000. This 3,906 square foot building was built in 1950 on a lot size of 1.3.

Priced to sell! Welcome to an extraordinary investment opportunity in the heart of commercial potential. Currently, the property brings in $9,350/month or $112,200/year with the potential to increase revenue. Zoned C1, this property stands as a beacon for savvy investors looking to capitalize on its strategic location adjacent to city-owned land. Nestled in a high-traffic area, this property enjoys outstanding visibility, with additional public parking conveniently available just across the road. Take note of the accessible public water and sewer lines running alongside the property, providing the buyer with the option to annex and secure these utilities. The potential for annexation opens doors to expanded possibilities for a myriad of development options. This property consists of a 4000+/- sqft commercial building with 4 independent units, each with its own electric meter. The units include a tire shop that is leased for $1,500/month, an empty unit that could serve as a new business venture, a barber shop leased at $1,500/month, and a Hispanic store leased at $1,800/month. Additionally, there are 11 spaces for mobile homes, with 7 currently occupied. Three mobile homes won't be included in the sale but they do generate $450/month each in lot rent. Four mobile homes are part of the sale, with rents of $1,000, $1,000, $600, and $600 per month. Seize the opportunity to invest in a versatile commercial property that promises both immediate and long-term income potential! Contact me for more details and to schedule a viewing!

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Auto Related,Hair Salon and Spa,Supermarket/Grocer

Lot Size

1.3

Year Built

1950

Town/City

Seaford

County/Region

Sussex

MLS | Web ID

DESU2051764

Features
Interior
Heating Fuel Other
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
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General
Sewer On Site Septic Public Hook/Up Avail
Heating Other
Cooling Window Unit(s)
Possession Settlement
Zoning GENERAL COMMERCIAL C1
Construction Materials Mixed
Year Built 1950
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related Hair Salon and Spa Supermarket/Grocery Store
Accessibility 2+ Access Exits Level Entry - Main
County SUSSEX
New Construction N
Property Type Commercial Sale
Subdivision Name ISLAND DEVELOPMENT
Water Access Y/N N
Status ACTIVE
Directions from C21 HTR you turn right on to Rt. 20 and continue until you can turn onto Rt. 13 going south. You will travel for about a quarter mile and make a right onto Middleford Rd. and you will continue f
City SEAFORD
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Seaford Hundred (31013)
Lot Size Square Feet 56628.00
Waterfront Y/N N
Street Name MIDDLEFORD
Price Per Sq Ft 162.5
Acceptable Financing Cash Conventional Lease Purchase
Historic Y/N N
Vacation Rental Y/N N
Days on Market 164
Sussex DE Quadrants West of Rt 13
Standard Status Active
Year Built Source Estimated
Tax Lot 1
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public Hook-up Available Private
Type of Parking Parking Lot Other Driveway
Water View Y/N N
Building Area Total 4000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.30
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Century 21 Home Team Realty

Broker

santos@c21hometeam.com

Email

Affordability Calculator

$4,320
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
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Monthly Home Insurance
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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
4/30/2024$650,000 -7.14% Price Down
4/9/2024$700,000 -6.67% Price Down
2/27/2024$750,000 -6.25% Price Down
11/19/2023$800,000 Listed Price

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1201 Middleford Road, Seaford, DE, 19973 is a Commercial Property for sale at $650,000 with 3,906 sqft and a lot size of 1.3. 1201 Middleford Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 19973 which is in Seaford, DE