129 Washington St Millsboro, DE 19966
- Land
- 0.32 lot acres
Current Use by Public Records
- Land
Property Details for 129 Washington St
- Lot size
- 0.32 lot acres
- Property type
- Land
Description
This exceptional 0.32-acre commercial lot in Millsboro, Delaware, is priced at $245,000. Located at 129 Washington Street, this property boasts a highly desirable Urban Business zoning designation, allowing for a wide range of commercial uses. The lot's strategic location in the heart of Millsboro, Sussex County's 2019 growth leader, ensures high visibility and significant traffic exposure, with an Annual Average Daily Traffic count of 19,770 vehicles in 2022. Its proximity to coastal attractions like Rehoboth Beach (19 miles) and Bethany Beach (15 miles) adds further appeal. The property benefits from the recent consolidation of two parcels, resulting in a larger, more versatile lot. Permitted uses under the Urban Business zoning include, but are not limited to, grocery stores, banks, restaurants, and sporting goods stores. The town offers ample free parking, and town water and sewer hookups are available. This property presents a unique investment opportunity for businesses seeking a prominent location in a thriving Delaware community. The lot is situated across from the Post Office, Dairy Queen, and the new Police Station, further enhancing its visibility and accessibility. Potential mixed-use development, combining retail and residential space, is also a possibility. This is a rare chance to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss this chance to establish your business in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millsboro
- County
- Sussex
- State
- Delaware
- Longitude
- -75.293
- Latitude
- 38.5897
