118 Atlantic Ave Ocean View, DE 19970
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 118 Atlantic Ave
- Year built
- 1970
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional single-tenant medical office building, situated at 118 Atlantic Ave in Ocean View, Delaware 19970, presents a unique investment opportunity. The 2,000 square foot building, constructed in 1970 and extensively renovated in 2016, boasts a desirable Class B rating. Its single-story design features a generous 10-foot ceiling height, creating a spacious and comfortable environment. The property offers convenient access to major thoroughfares, providing excellent visibility and easy commutes to nearby Fenwick Island and Bethany Beach. With 55 total parking spaces, ample parking is readily available for patients and staff. The building is located within the thriving "Medical or Other" submarket of Ocean View, benefiting from the area's robust growth. The absence of elevators is noted. This well-maintained property is ideal for a medical practice seeking a comfortable and accessible location in a rapidly expanding coastal Delaware community. The property's strategic location along Atlantic Avenue ensures high visibility and easy access for clients. This presents a rare opportunity to acquire a well-established medical office building in a prime location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ocean View
- County
- Sussex
- State
- Delaware
- Longitude
- -75.0985
- Latitude
- 38.5454