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Search Land - 32474 Lighthouse Road

32474 Lighthouse Road

$7,900,000
32474 Lighthouse Road, Selbyville, DE
Status: Active
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Property Type
Acreage
Acreage
10.09 acres
County
Sussex, DE
Format
Sale
Features
N/A
List Date
Jul 26, 2023
Documents
N/A
Description
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.
Listing Agent
Nancy Reither
613-Coldwell Banker Realty - Mid-Atlantic
Ocean City, Maryland
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