12338 S Dupont Hwy, Felton, DE 19943

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List Price
$1,500,000
Days on Market
2
Status
ACTIVE
MLS#
DEKT2051892
Lot Size (Acres)
1.4
Year Built
1960
County
Kent
School District
Lake Forest

Property Description

RARE COMMERCIAL INVESTMENT OPPORTUNITY!!! Unlock the potential of this unique commercial property just south of the expanding town of Felton DE! This property offers an exceptional combination of existing income- producing improvements, residential accomodations and overall commercial development potential. The property currently features a 12 unit motel, providing an opportunity for an investor to continue hospitality operations, reposition the business or explore the alternative commercial uses. The existing owner/operator residence offers 3 bedrooms and 2 baths providing convenient on site accomodations. Adding even greater value is the additional 3 bed 2 bath home on the adjoining parcel being conveyed with the total property for sale. The real opportunity lies in the overall possibilities with this parcel. With BG (General Business) zoning, potential uses, subject to applicable approvals and requirements may include Retail, medical offices, service businesses, commercial recreation, mixed use concepts, multi family living and other qualifying commercial ventures. Whether your vision is to expand an existing hospitality operation, create a new commercial destination, or explore a larger development concept this offering deserves serious consideration. Additional parcel # 8-00-13800-02-5400-000 is included in this sale and will not be separated. This parcel regardless of the intended use is being sold As-Is and no repairs or considerations will be made by the seller at this time.

Additional Information

Area
Lake Forest (30804)
School District
Lake Forest
Heating
Forced Air
Cooling
Window/Wall
Utilities
Electric Available, Sewer Available, Water Available
Water
Private Well
Sewer
Public Sewer

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Listing courtesy of Iron Valley Real Estate Premier. Contact: