Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
Listing photo for 32474 Lighthouse Rd, Selbyville, DE
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32474 Lighthouse Rd,

Selbyville, DE $7,900,000

$7,900,000

Acre: 10.09

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.

Facts & Features
MLS® # DESU2044978
Price $7,900,000
Bathrooms 0.00
Acres 10.09
Type Land
Sub-Type Land
Status Active
Tax Year 2023
Annual Tax Amount $527
Community Information
Address 32474 Lighthouse Rd
Area Baltimore Hundred (31001)
City Selbyville
County SUSSEX-DE
State DE
Zip Code 19975
Within City Limits No
Sussex Delaware Quadrant Between Rt 1 & 113
Amenities
Is Waterfront No
Interior
Fireplace No
Has Basement No
School Information
District INDIAN RIVER
Additional Information
Date Listed July 26th, 2023
Days on Market 331
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Coldwell Banker Realty
Contact Info (443) 856-2211