Find us on...

Mann & Sons Inc

414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477


Login using...

Bill Mann

Broker / Owner

  • Cell 302.470.7600

12431 Beach Highway, Greenwood (Sussex), DE – $699,000

  • $699k Price
  • Acres
  • 649 DOM
  • $699k Price
  • Acres
  • 649 DOM

12431 Beach Highway

PROPERTY QUALIFIES FOR NEW LENDING PROGRAM, SUSSEX EXCITE LENDING PROGRAM, 10%IN, 25 YEAR TERM, 3.975 FIXED, MUST HAVE AT LEAST 10 EMPLOYEES, CAN INCLUDE EQUIPMENT, ETC. Light Industrial (zoning) property located on busy Route 16, just east of Greenwood, De. Office space of 3.052 square feet, manufacturing space of 8, 328 square feet and warehousing of 1600 square foot. Two restrooms. Ample power, high ceilings, large truck doors, with one ramp. Some updating to building and systems. 25,000 square feet of paved parking per appraisal. Unique zoning for Sussex County with many possibilities, could be split up into smaller units for lease. Rear two acres are zoned AR-1 and are currently tilled by local farmer. Building can be leased for $5,321.25 per month for a minimum of three years, 3% per year increase, triple net. No boiler has been removed.

Essential Information

  • MLS® #711840
  • Price$699,000
  • Bathrooms0.00
  • Square Footage00
  • Acres3.50
  • Year Built1950
  • TypeCommercial/Industrial
  • Sub-TypeCommercial Improved
  • StatusActive

Community Information

  • Address12431 Beach Highway
  • AreaNanticoke Hundred
  • CityGreenwood (Sussex)
  • CountySussex
  • StateDE
  • Zip Code19950



208/220 Volt Service, Electric On Site


  • HeatingForced Air, Heat Pump(s)
  • CoolingCentral A/C, None
  • BasementNone


  • RoofMetal


Aluminum Siding, Concrete Block

School Information

  • DistrictWoodbridge

Additional Information

  • County Tax2371
  • HOA Fees00
  • Days on Market649
  • ZoningLight Industrial

Listing Details

Please provide a valid email address.

Price Change History for 12431 Beach Highway, Greenwood (Sussex), DE (MLS® #711840)

Date Details Change
Price Reduced from $725,000 to $699,000 $26,000 (3.59%)
Price Reduced from $799,900 to $725,000 $74,900 (9.36%)
Price Reduced from $835,000 to $799,900 $35,100 (4.20%)

Based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided "AS IS" and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market Mann & Sons, Inc. is a Real Estate licensee in the State of Delaware. SCAOR DE License Number: SCAOR 08098.

Copyright 2018 Sussex County Association of REALTORS®, Inc.