

Listed by J.P. Weigand & Sons Inc.
$280,000
Derby, 421-423 E. Madison
Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 2,400
Units 1
Price per SqFt $117
Year Built 1968
Buildings 1
Lot Size (SqFt) 9,378
Zoning B-4
DERBY RETAIL – INVESTMENT OPPORTUNITY
Marketing description
Three flex rooms, a break room and a storage area.
Building can be demised into two space for owner use and leasing.
Two HVAC systems.
Street and building signage.
Front and rear parking with improved pavement.
Great visibility and easy access from K-15/Baltimore.
Close proximity to Madison Avenue Central Park, Derby City Hall and Westview Retirement Center.
Investment highlights
BUILDING SALE PRICE: $310,000.00
SITE SF: 9,378 SF
BUILDING SIZE: 2,400 SF
YEAR BUILT: 1968
ZONING: B-4
TAXES
GENERALS: $5,782.33
SPECIALS: $100.00
Listing Contacts


Listed by J.P. Weigand & Sons Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
R-1 ResidentialSingle FamilySingle Family Residential
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 88 uses
View all 88 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?






