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1201 Middleford Rd Seaford, DE 19973

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For Sale
$825,000

High-yield, mixed-use property with income and expansion potential.

Lot size:
1.30 Acres

Property Features for 1201 Middleford Rd

General Information

Lot size
1.30 Acres

Building Details

Year built
1950

Source: Century 21 Home Team Realty Agent JOSE ANTONIO SANTOS

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Investment Property For Sale

This mixed-use investment property is located adjacent to Seaford city limits. The property features four fully leased commercial units and six occupied mobile homes, generating $12,950 per month, which equates to $155,400 annually. There are also six additional vacant trailer pad sites available for expansion. Public water and sewer are available if the property is annexed into the City of Seaford. The property has a strong tenant history and separate electric meters. It is presented as a turnkey property with a cap rate of over 17%, offering immediate cash flow with value-add potential.
Location Intelligence

Current Use by Public Records

Adonay Food Broker Seaford tire shop Tire Shop Unisys Corporation Software Company

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Seaford
County
Sussex
State
Delaware
Longitude
-75.5990816
Latitude
38.6444859

FAQs

What type of property is this?
Mixed-use property - High-yield, mixed-use property with income and expansion potential.
Where is this mixed-use property located?
The property is located at 1201 Middleford Rd Seaford, DE.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: - High-yield investment property with an impressive 17%+ cap rate.; - Generates $12,950/month ($155,400/year) from existing tenants.; - Mixed-use property features four commercial units and six mobile homes, all currently leased.
More about this property
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