32474 Lighthouse, Selbyville

$7,900,000

MLS Number: Desu2044978
City Name: Selbyville
List Office Name: Coldwell Banker Realty

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.

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Additional Details

Acres
10.09
Property Type
Land
County
Sussex
Lot Size Dimensions
0.00 X 0.00
School District
Indian River
Sussex Quadrants
Between Rt 1 & 113

Exterior Features

Interior Features