Commercial Pad Site with Existing
2994 New Castle Avenue New Castle, DE 19720
2994 New Castle Avenue, New Castle, DE, 19720
$1,000,000
For Sale
$1,000,000
Land lease pad sites with an existing 2,700-plus-square-foot building near major highway interchanges.
Property Size2,700 SF
Lot Size1.50 Acres
Price / SF$370.37
Days on Market1932
Property Features for 2994 New Castle Avenue
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 1.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing Agency
BHHS Fox & Roach - Hockessin
Listed by
Georgette Y Balback
Source
Deepcreeklake
Added: Apr 6, 2021 Updated: Jul 10 at 3:59 pm Checked: Jul 19 at 6:16 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach - Hockessin
Investment Insights
Based on property information with market context.
This offering includes 1.5 +/- acres of commercial pad sites designed for land lease, with an existing building on-site that is over 2,700 square feet. The site can work for an operator looking to start using the current improvements, or for a tenant to raze the existing structure and build a new concept. Future development options should be confirmed directly with New Castle for by-rights uses.
The property is positioned for visibility and access, located just seconds from the Rt. I 295 & Rt 40 interchange, with access to De. 9 and the Delaware Memorial bridge. The immediate area includes ongoing commercial development, and the property is described as having a very high traffic count.
For growing retail or office businesses, the land-lease format can offer flexibility while maintaining an existing building option. Prospective tenants, buyers, and developers should evaluate the site’s current building utility, as well as confirm zoning and permitted uses with New Castle before planning an upgrade, redevelopment, or a long-term occupancy strategy.
The property is positioned for visibility and access, located just seconds from the Rt. I 295 & Rt 40 interchange, with access to De. 9 and the Delaware Memorial bridge. The immediate area includes ongoing commercial development, and the property is described as having a very high traffic count.
For growing retail or office businesses, the land-lease format can offer flexibility while maintaining an existing building option. Prospective tenants, buyers, and developers should evaluate the site’s current building utility, as well as confirm zoning and permitted uses with New Castle before planning an upgrade, redevelopment, or a long-term occupancy strategy.
Key Highlights
- 1.5 +/- acre commercial land lease pad site(s)
- Existing building on site with 2,700+ SF that can be put to use or razed
- Located just seconds from the DE‑9 and Delaware Memorial Bridge area
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Land lease pad sites with an existing 2,700-plus-square-foot building near major highway interchanges.
Where is this commercial land located?
The property is located at 2994 New Castle Avenue New Castle, DE.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1.5 +/- acre commercial land lease pad site(s); Existing building on site with 2,700+ SF that can be put to use or razed; Located just seconds from the DE‑9 and Delaware Memorial Bridge area
