Lewes, DE 19958,1201 SAVANNAH RD #3
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$3,800,000
Est. payment /mo
8,974 SqFt
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UPDATED:

02/20/2025 01:10 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,974 sqft

Price per Sqft $423

MLS Listing ID DESU2079170

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $4,462

Tax Year 2024

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Property Description

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.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning B-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Carpet, Vinyl

Heat Source Electric

Exterior

Garage Spaces 40.0

Water Access N

Roof Type Architectural Shingle,Asphalt

Accessibility 2+ Access Exits, Mobility Improvements, Other, Ramp - Main Level

Total Parking Spaces 40

Garage N

Building

Sewer Gravity Sept Fld

Water Well-Shared

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 335-08.14-44.01

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Keith Walpole • R&R Commercial Realty
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@foxroach.com

352 Stokes Rd, Medford, NJ, 08055, USA

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1201 SAVANNAH RD #3