$1,500,000

724-730 Pulaski Hwy, Bear, DE, 19701

79,715

Square feet

1.83

Acres

A high visibility property on 1.83 acres commercially zoned with 400' of road frontage on U.S. Route 40 in Bear, Delaware. This commercial zoned area include a 4-unit, 4200 square feet, fully leased, retail center and 1.2 acres of undeveloped road frontage on U.S. Route 40. The total NOI for the commercial center has a 6% cap rate. Great potential for additional changes to increase maximum income. Many possibilities for the 1.2 undeveloped area with approximately 260" of Route 40 frontage to build additional retail space , Car wash, Convenience store, Daycare, Medical or Office building, or many other applications.

Facts & Features

MLS® # DENC2055682
Price $1,500,000
Bathrooms 0.00
Square Footage 79,715
Acres 1.83
Year Built 1962
Type Commercial Sale
Sub-Type Retail
Status Active Under Contract

Community Information

Address 724-730 Pulaski Hwy
Area Newark/Glasgow (30905)
City Bear
County NEW CASTLE-DE
State DE
Zip Code 19701
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Central
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Block
Lot Description Rented Lot

School Information

District COLONIAL

Additional Information

Date Listed February 1st, 2024
Days on Market 92
Zoning COMMERCIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Associates - Newark
Contact Info(302) 453-3200

Listing Map

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