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    64 Church St Selbyville, DE 19975

    For Sale
    $270,000

    High-Income Retail Property, Excellent Visibility

    Property size:
    1,492 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 1,492 square foot retail space at 64 W Church Street, Selbyville, DE presents a compelling investment opportunity. Currently leased, generating immediate income for the new owner, this property offers flexibility for future use. The lease allows for owner-occupancy after the initial term. The spacious interior is adaptable to a variety of retail or office configurations. Large windows provide excellent street visibility, maximizing exposure to potential customers. Convenient on-street parking is supplemented by ample parking in an adjacent public lot. The property sits on a 0.09-acre lot. A significant upgrade was recently completed: a new HVAC system was installed on November 23rd, adding considerable value. This property offers a unique blend of immediate income potential and long-term adaptability, making it an attractive investment in a thriving Delaware location. The combination of high visibility, convenient parking, and a recently updated HVAC system makes this a standout opportunity in a competitive market. Don't miss the chance to acquire this well-situated commercial property and capitalize on its potential. The asking price is $270,000.

    Property Features for 64 Church St

    General Information

    Property type
    Retail properties
    Square Feet
    1,492 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Catherine's Quilting Quilt Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Selbyville
    County
    Sussex
    State
    Delaware
    Longitude
    -75.2268
    Latitude
    38.45757

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    FAQs

    What type of property is this?
    Retail property - High-Income Retail Property, Excellent Visibility
    Where is this retail property located?
    The property is located at 64 Church St Selbyville, DE.
    What is the asking price?
    The asking price for this property is $270,000.
    (302) 645-2881
    Request Owner's contact information
    64 Church St Selbyville, DE 19975
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    Selbyville, DE 19975
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    64 Church St Selbyville, DE 19975
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