$1,900,000

1521 SAVANNAH RD, Lewes, DE 19958

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1933
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Savannah Road Multi Building Commercial Property. Positioned along Savannah Road, a highly visible commercial corridor east of Route 1 where new commercial supply is limited, 1521 Savannah Road presents a compelling opportunity to acquire a multi building commercial property on nearly one acre of land. The property consists of three separate structures currently configured for a mix of retail, office, service, and residential use. The main building includes two established commercial suites on the ground level and a second floor residential unit currently operated as a short term rental. Two additional freestanding buildings provide further commercial flexibility and tenant diversification. The site supports a variety of office, showroom, medical, and retail oriented uses. Existing illuminated signage and prominent frontage along Savannah Road contribute to long term visibility and branding potential. This offering provides in place income with additional upside through lease optimization, unit reconfiguration, or future redevelopment strategies. Properties offering this combination of land size, configuration, and location east of Route 1 are infrequently available. Financial information available upon execution of a confidentiality agreement.

Listing Status:
Active
Listing Office:
Linda Vista Real Estate : 3023131600
Listing Agent:
Jose Quinones : 3028831928
MLS ID:
DESU2102106
  • Flooring: Hardwood
  • A/C: Zoned
  • Heating: Forced AirElectric
  • Disability Feature: None
  • Parking: Private
  • Roofing: Architectural Shingle
  • General: Vinyl SidingBlock
  • Road/Access: 100
  • Originating MLS: BRIGHT_MAIN
  • School District: CAPE HENLOPEN
  • County: SUSSEX-DE
  • Zoning: TOWN335-12.06-2.00
  • Utilities: Cable tvPhoneVolts 220
  • Water: Private
  • Sewer: PrivateSewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jose Quinones, Linda Vista Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lewes Elementary School

910 Shields Ave, Lewes, DE, 19958

Grades KG-5

0.93 miles away

F

Frederick D. Thomas Middle School

1270 Kings Hwy, Lewes, DE, 19958

Grades 6-8

0.48 miles away

C

Cape Henlopen High School

1250 Kings Hwy, Lewes, DE, 19958

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.