17501 Coastal Highway,
Lewes, DE 19958
$2,900,000


Prime, high visibility exposure, Rt-1 C-1 highway business location with over 200 storage units with a 1200+-s/f office/retail space. This 1.8 acre facility has 112 foot of highway road frontage and is currently the only fully operational public storage facility with direct highway access for sale between Fenwick Island and Wilmington DE. Located 4/10ths mile south from 5-Points, and with a AADT count of approximately 55,000 off Rt-1 northbound access and 22,000 from Savannah Rd. The parcel includes a double stack and lighted billboard; fully leased and managed by Clear Channel, 5 apartments; 2 with two bedrooms, 3 with one bedroom, each with a bath and one of the apartments is double sized unit as the manager's apartment. Well, electric individually metered, county sewer. Plenty of parking, easy direct highway access. Facility consists of; 2 units-18x12, 71 units-18x9, 7 units-23x10, 20 units-23x9, 12 units-8x9, 42 units-4x9, 40 units-4x6, 10 units-6x8, 3 units-8x8, 2 units-8x8 (part of owner apartment, ) and 2 units-20x20. Approximate 23,000 cumulative storage square footage does not include apartments. 1031 exchange opportunity. Facility is being sold 'as-is.'



Essentials

MLS Number
Desu150838
List Price
$2,900,000
Standard Status
Active
Year Built
1965
New Construction
N
Property Type
Commercial Sale
Waterfront
N

Location

Address
17501 Coastal Highway, Lewes, DE
Acres
1.76
Lot Features
Irregular, zero Lot Line

Interior

Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Wall Unit
Hot Water
Electric

Appliances

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    Listing courtesy of Keller Williams Realty.