Address
118 Atlantic Avenue # 402, Ocean View, DE
Price
$ 599,000
Property Attributes
- MLS#DESU2051124
- TypeCommercial
- CountySUSSEX
- CityOcean View
- AreaBaltimore Hundred
- Zip19970
- StyleFlex,Professional,Religious Facility
- Year Built2006
- Taxes$ 839
- Price$ 599,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2200
Data Source:
Bright MLS
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.
| Price History | |
|---|---|
| 11/3/2023 | Listed $549,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Utilities | Cable TV |
| Possession | Settlement |
| Zoning | TN |
| Construction Materials | Frame,Aluminum Siding |
| Year Built | 2006 |
| Electric | 200+ Amp Service |
| Unit Number | 402 |
| Property SubType | Office |
| Tax Year | 2023 |
| Percent Ownership | Condominium |
| Cool Fuel | Electric |
| Business Type | Flex,Professional,Religious Facility |
| Accessibility | 2+ Access Exits,Doors - Lever Handle(s),Level Entry - Main,Ramp - Main Level |
| County | SUSSEX |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Rt 26 East bound. Turn right into 118 Atlantic Ave Professional complex. |
| ModificationTimestamp | 2024-06-05T15:56:29 |
| City | OCEAN VIEW |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Owner RE Licensee |
| NumberOfUnitsTotal | 1 |
| MLS Area | Baltimore Hundred (31001) |
| Tax Assessed Value | 20300.0 |
| Waterfront Y/N | No |
| Street Name | ATLANTIC |
| Tax Annual Amount | 839.0 |
| Property Condition | Excellent |
| Price Per Sq Ft Total | 272.27 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Days on Market | 216 |
| Sussex DE Quadrants | Between Rt 1 & 113 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| Total Restrooms | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 8 |
| Type of Parking | Parking Lot |
| Land Use Code | 999 |
| Water View Y/N | No |
| Building Area Total | 2200.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Land Assessed Value | 1350.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19970
Price
Taxes
Visits
Year Built
Walkscore
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