$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 |
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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 |
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Area | Newark/Glasgow (30905) |
City | Bear |
County | NEW CASTLE-DE |
State | DE |
Zip Code | 19701 |
Senior Community | No |
Amenities
Is Waterfront | No |
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Interior
Heating | Central |
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Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Block |
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Lot Description | Rented Lot |
School Information
District | COLONIAL |
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Additional Information
Date Listed | February 1st, 2024 |
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Days on Market | 92 |
Zoning | COMMERCIAL |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Associates - Newark |
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Contact Info | (302) 453-3200 |