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614 Loveville Road,  Hockessin DE, 19707

(Active)
$1,400,000
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MLS# DENC2059676
Last Updated: 5/23/2024 4:59 PM
Description for 614 Loveville Road Hockessin, DE 19707
This is a rare opportunity to build a 45 unit luxury condo building in Hockessin, DE . This Pad site is available for the last building of an approved development plan from 1972 that was never constructed as sewer capacity WAS unavailable but was made available in September of 2015. Coffee Run Condominiums is a unique condo community located in Hockessin, DE and is conveniently located within 10 minutes of the city of Wilmington and Wilmington Train Station, easy access to Philadelphia Airport and Kennett Square, PA. Public water, sewer and electric are available at the location. Each unit will have its own HVAC system so you can anticipate monthly condo fees substantially lower than the current fees charged for the other units. Parking lot and common areas have been completed with other buildings. A 5 story, masonry and glass brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original development and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Association. Sales price to include one, fifth floor unit completed t drywall stage. Interior finishes will be done by the seller.
Price
$1,400,000
COFFEE RUN
NEW CASTLE
DENC2059676
Active
Description
This is a rare opportunity to build a 45 unit luxury condo building in Hockessin, DE . This Pad site is available for the last building of an approved development plan from 1972 that was never constructed as sewer capacity WAS unavailable but was made available in September of 2015. Coffee Run Condominiums is a unique condo community located in Hockessin, DE and is conveniently located within 10 minutes of the city of Wilmington and Wilmington Train Station, easy access to Philadelphia Airport and Kennett Square, PA. Public water, sewer and electric are available at the location. Each unit will have its own HVAC system so you can anticipate monthly condo fees substantially lower than the current fees charged for the other units. Parking lot and common areas have been completed with other buildings. A 5 story, masonry and glass brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original development and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Association. Sales price to include one, fifth floor unit completed t drywall stage. Interior finishes will be done by the seller.
Listing Information
Property Type: Land, Other
COFFEE RUN
Public
Public Sewer
Underground Utilities
Neighborhood
School Information
District: RED CLAY CONSOLIDATED
Room Information
Driving Directions
From Lancaster Pike turn onto Loveville Road, then left into Coffee Run Condominiums, then left to parking lot. Building site is on the left.
Financial Considerations
08-020.00-052.C.A01A
Listing Price History

Hockessin Real Estate

Hockessin is located in Delaware. Hockessin, Delaware 19707 has a population of 13,909.

The median household income in Hockessin, Delaware 19707 is $129,649. 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 Hockessin 19707 is 39 years.

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Courtesy: BHHS Fox & Roach-Kennett Sq
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 5/23/2024 4:59 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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