EXCELLENT INVESTMENT OPPORTUNITY! This property has a Cell Tower lease and three double-sided Billboards generating total annual income of $21,431.00. 1.38 acres with 400' of road frontage on busy Rt. 113 Northbound. Deldot records indicating 28,000 to over 33,000 vehicles passing daily. This C-1 Commercially zoned land with city water and sewer potential is only 300 feet away. Or, install your own private well and septic. The income will help pay the mortgage while you're waiting to develop or just enjoy the investment income! Excellent candidate for a 1031 exchange.
|Price Reduced from $495,000 to $455,268|
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.
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