18541 Main StBridgeville, DE 19933

Property Details for 18541 Main St

Lot size

1.95 AC

Zone code

TN

Property type

Other commercial real estate

APN

131-15.00-7.00

APU

1311500700

Description

This exceptional six-acre development presents a lucrative investment opportunity in the thriving town of Bridgeville, Delaware. Strategically located with excellent access and high visibility from the heavily trafficked intersection of Route 13/404 and South Main Street, this property offers unparalleled potential. The current plan encompasses a substantial 21,000 square foot strip center, complemented by multiple pad sites ranging from 2,500 to 5,000 square feet, and a multi-unit commercial building. However, the development plan is flexible and can be tailored to meet the specific requirements of the buyer, allowing for customization and maximizing investment returns. All utilities are conveniently located on-site and fully operational, ensuring a seamless and efficient development process. The property currently includes existing buildings, some of which generate lease income, providing immediate cash flow and a solid foundation for future expansion. The phased development approach offers flexibility, allowing for a strategic and manageable construction timeline to suit the buyer's financial plan and preferences. This is a rare opportunity to acquire a prime retail development site in a rapidly growing market. Don't miss out on this chance to shape the future of Bridgeville's commercial landscape.

• Alternative Use

  Use

  Valuation

  Residential

  $20,964,154

  Hospitality

  $19,203,052

  Educational

  $15,976,714

  Medical

  $16,526,178

  Retail

  $24,852,666

Location Insight

City

Bridgeville

County

Sussex

State

Delaware

Latitude

38.7282

Longitude

-75.5919

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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