T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
32474 Lighthouse Rd, SELBYVILLE
$7,900,000
0 Beds
0 Baths
0 Sqft
10.09 Acres
0 Garages
Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.
Essential Information
MLS® #DESU2044978
Price$7,900,000
Bathrooms0.00
Acres10.09
TypeLand
Sub-TypeLand
StatusActive
Community Information
Address32474 Lighthouse Rd
AreaBaltimore Hundred (31001)
CitySELBYVILLE
CountySUSSEX-DE
StateDE
Zip Code19975
School Information
DistrictINDIAN RIVER
Additional Information
ZoningTN
Listing Details
OfficeColdwell Banker Realty
Office Contact(443) 856-2211
Property History
Price Increased from $4,500,000 to $7,900,000
Price Reduced from $4,900,000 to $4,500,000
Status Changed from Coming Soon to Active
LISTING MAP
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Listing information last updated on December 23rd, 2024 at 4:15am EST.
