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724730 Pulaski Highway,  Bear DE, 19701

(Contingent)
$1,500,000
|
4,200 sqft
|
MLS# DENC2055682
Last Updated: 5/8/2024 9:34 PM
Description for 724730 Pulaski Highway Bear, DE 19701
A high visibility property on 1.83 acres commercially zoned with 400' of road frontage on U.S. Route 40 in Bear, Delaware. This commercial zoned area include a 4-unit, 4200 square feet, fully leased, retail center and 1.2 acres of undeveloped road frontage on U.S. Route 40. The total NOI for the commercial center has a 6% cap rate. Great potential for additional changes to increase maximum income. Many possibilities for the 1.2 undeveloped area with approximately 260" of Route 40 frontage to build additional retail space , Car wash, Convenience store, Daycare, Medical or Office building, or many other applications.
Price
$1,500,000
NEW CASTLE
4,200 (approx)
DENC2055682
Contingent
Description
A high visibility property on 1.83 acres commercially zoned with 400' of road frontage on U.S. Route 40 in Bear, Delaware. This commercial zoned area include a 4-unit, 4200 square feet, fully leased, retail center and 1.2 acres of undeveloped road frontage on U.S. Route 40. The total NOI for the commercial center has a 6% cap rate. Great potential for additional changes to increase maximum income. Many possibilities for the 1.2 undeveloped area with approximately 260" of Route 40 frontage to build additional retail space , Car wash, Convenience store, Daycare, Medical or Office building, or many other applications.
Listing Information
Property Type: Retail, Business Opportunities, Other
1.83 Acres 4,200 (approx) 1962
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Electric Water Heater
Central Air
Oil, Central
Exterior / Lot Features
100 Parking Spaces,
400 x 200
Driving Directions
From Rt 1, go East on Pulaski Hwy (Route 40) , property on right
Financial Considerations
10033400112
$7,043
Listing Price History

Bear Real Estate

Bear is located in Delaware. Bear, Delaware 19701 has a population of 22,631.

The median household income in Bear, Delaware 19701 is $87,876. The median household income for the surrounding county is $76,362 compared to the national median of $66,222. The median age of people living in Bear 19701 is 39 years.

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Courtesy: RE/MAX Associates - Newark
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/8/2024 9:34 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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