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Prime Commercially Zoned Land

209 Monroe Ave, Lewes, DE 19958

For Sale
$4,250,000
Pending

3 acres of commercially zoned land in Lewes, Delaware.

Property Size8,600 SF
Lot Size3.00 Acres
Days on Market716

Property Features for 209 Monroe Ave

General Information

Standard status Pending
Size 8,600 SF
Lot size 3.00 Acres
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: DSM COMMERCIAL
Listed By: BRITTANY DANAHY · License DE #0020210
Source: Searchhomesinbuckscounty
Added: Nov 25, 2024 Changed: Nov 1 Last Checked: Nov 8 at 6:48AM

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 DSM COMMERCIAL

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Investment Insights

Based on property information with market context.

This is a 3-acre commercially zoned, developable land parcel for sale. It is located at the northeast corner of Freeman Highway (Cape May-Lewes Ferry Road) and Monroe Avenue, at a new full movement intersection. The property is situated less than one-half mile from downtown Lewes, the Cape May-Lewes Ferry, and Cape Henlopen State Park, at the junction of several bike trails. The location provides access to local residents and tourists. The surrounding area includes residential neighborhoods and is near restaurants and retailers. It is suited for retail development, commercial or residential mixed-use, and hospitality ventures.

Key Highlights

  • 3 acres of commercially zoned, developable land.
  • Located at a brand‑new full movement intersection of Freeman Highway and Monroe Avenue.
  • Less than 1/2 mile from downtown Lewes, the Cape May‑Lewes Ferry, and Cape Henlopen State Park.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 19958, DE

27,911
Population
19,410
Households
1.4
Avg Household Size
61
Median Age
49%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
590
Density / Sq Mi
$91,445
Median Household Income
$49,124
Median Earnings
$1,654
Median Rent
$488,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Sussex County

Jul
Aug
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Frequently Asked Questions

What type of property is this?
Commercial land - 3 acres of commercially zoned land in Lewes, Delaware.
Where is this commercial land located?
The property is located at 209 Monroe Ave Lewes, DE.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 3 acres of commercially zoned, developable land.; Located at a brand‑new full movement intersection of Freeman Highway and Monroe Avenue.; Less than 1/2 mile from downtown Lewes, the Cape May‑Lewes Ferry, and Cape Henlopen State Park.
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