118 ATLANTIC AVE #402 Pending

Ocean View,DE 19970

$ 599000

- Bed

- Bath

2200 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $272

MLS Listing ID DESU2051124

Originating Board BRIGHT

Year Built 2006

Annual Tax Amount $839

Tax Year 2023

Lot Dimensions 0.00 x 0.00

Property Description

Selling at close to an 8 cap! This prime investment opportunity is located in the 118 Atlantic Ave Professional Complex on heavily traveled Eastbound Rt 26 in Ocean View. Immediately income producing and currently under long term leases with excellent ROI. Leases available upon request. Ample parking. Agent is owner.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning TN

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Electric

Exterior

Garage Spaces 8.0

Utilities Available Cable TV

Waterfront N

Water Access N

Accessibility 2+ Access Exits,Doors - Lever Handle(s),Level Entry - Main,Ramp - Main Level

Parking Type Parking Lot

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Indian River

Others

Tax ID 134-12.00-425.00-8

Ownership Condominium

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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