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24917678
24917679

1120 S Central Avenue, Laurel, DE 19956

MM
MD - 672907, DE RS-0037916
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury
$1,299,000
321 days on market
Updated 3 days ago
Opportunity zone

High-Visibility Property with Development Upside

Details
Property Type Land, Office (+2)
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 7,006
Lease Expiration 05/05/2026
Class C
Year Renovated 2024
Acreage 4.400
Zoning CB
Ground Lease No

Land | 4.4 acres

Marketing description

Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion. The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years.

With a wide-open floor plan, and a small warehouse and office space in the rear of the building, the property is very versatile for varying uses. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years.

C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses, making this an ideal property for investors or owner-occupants.

Investment highlights

- 7,006 SF free-standing building

- Zoned C-B with capability for retail, office, medical or service-oriented businesses

- High visibility

- Spacious layout for flexible business operations

Listing Contacts

MM
MD - 672907, DE RS-0037916
SVN | Miller Commercial Real Estate Salisbury
Listed by SVN | Miller Commercial Real Estate Salisbury

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