32474 Lighthouse Rd, SELBYVILLE, DE

$7,900,000

Previous Next

10.09

Acres

About 32474 Lighthouse Rd

Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

Features of 32474 Lighthouse Rd

MLS® # DESU2044978
Price $7,900,000
Bathrooms 0.00
Acres 10.09
Type Land
Sub-Type Land
Status Active

Community Information

Address 32474 Lighthouse Rd
Area Baltimore Hundred (31001)
City SELBYVILLE
County SUSSEX-DE
State DE
Zip Code 19975

Amenities

Is Waterfront No
New Construction No

Interior

Has Basement No
Fireplace No

School Information

District INDIAN RIVER

Additional Information

Date Listed July 26th, 2023
Days on Market 478
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?