The auction for this parcel will be held on-site at 12041 Cordova Road - Cordova, MD @ 11AM!
PROPERTY INSPECTION: MONDAY, APRIL 22ND FROM 3PM-5PM
OPENING BID INCENTIVE - FORTNA AUCTIONEERS & MARKETING GROUP IS OFFERING A 3% REBATE BACK TO THE BUYER WHO SUBMITS THE HIGHEST OPENING BID AMOUNT FOR THE AUCTION. BIDDER MUST BE SELECTED AS THE HIGHEST OPENING BID AND MUST BE THE HIGHEST BIDDER WHEN THE AUCTIONEER CLOSES THE BIDDING TO RECEIVE THE 3% REBATE. PLEASE SEE MORE INFORMATION ON THE REGISTRATION FORM.
Premier Commercial Property in Seaford, Delaware – A Modern GEM
Introducing a landmark opportunity in the commercial real estate market: a fully reimagined modern property. Formerly housing an Indian motorcycle dealership, this site in Seaford, Delaware, has undergone a comprehensive, ground-up transformation to emerge as a pristine, brand-new establishment in 2023. National anchors and neighbors! Amazing retail location!
Property Highlights:
- Total Transformation: EVERY aspect of this property has been meticulously rebuilt, featuring decorative stone, a new roof, siding, drywall, stud framing, and electric systems. The polished concrete and new septic system underscore the extent of its renewal.
- Space and Elegance: With 10,000 total square feet of space, split between an 8,200 square foot main building and a 2,000 square foot outpost building, the premises boast high-end finishes, including all-new glass and glass roll-up doors for an infusion of elegance and functionality.
- Strategic Location: Situated on two acres of pure paved asphalt, approved for automotive dealership and use, the property benefits from a daily car count of 72,000! Its position is optimized for capturing the vibrant summertime traffic and beyond, making it a hotspot for any business.
- Prestigious Neighbors: Sharing property lines with national giants such as Texas Roadhouse, IHOP, Sherwin-Williams, and Lowe's, this property offers an unmatched commercial synergy and visibility, located amidst the most sought-after franchises in the country.Unmatched Opportunity: Unlike typical land-lease arrangements, this property offers the unique advantage of ownership right in the heart of major retail activity. Coupled with its state-of-the-art rebuild, it represents a rare chance to invest in a turnkey, high-traffic location.
- Ultra low taxes and great cash flow potential. Own instead of land lease!
Investment Potential:
- This gem of a property is on the market due to the owner's retirement, presenting a unique opportunity for the savvy investor or business looking for a location that combines brand-new facilities with exceptional commercial positioning. With no succession plan in place, this sale offers a chance to acquire a key piece of Seaford’s commercial landscape, ready for immediate operation and primed for success.
A Rare Find: With everything in immaculate, brand-new condition, this property stands as a testament to quality and foresight. It’s not just an investment in real estate but an invitation to be part of a legacy of excellence and prominence in one of Delaware's key commercial hubs.In a marketplace where true value and prime location seldom converge, this offering is a beacon for those seeking unparalleled commercial potential. The convergence of high daily traffic, elite neighbors, and flawless new construction makes this property not just a standout choice, but a cornerstone for future growth and success.
Parcel ID#: 331-05.00-107.01
County: Sussex
Seaford Hundred
Acres: (+/-) 1.55 acres
Total Parking: Over 20 spaces
Taxes Approx. $2866
Property consists of a (+/-) 7,800SF free standing facility located on Route 13. An additional (+/-) 2,000SF storage building is in the rear of the property. The lot is zoned Commercial with a 159-foot direct access to US 13, a major N/S East Coast Highway. Adequate room for parking and turnarounds. High traffic count and visibility!
The auction for this parcel will be held on-site at 12041 Cordova Road - Cordova, MD @ 11AM!
*Owner is retiring
Terms - Certified Funds of $75,000 required to be an approved bidder. A 10% deposit is due day of auction. Balance due in 30 days. An 8.75% Buyer's Premium will be added to the final bid price and paid for by the buyer(s). Buyer(s) responsible for all transfer taxes imposed by the State of Delaware and deed prep. Property is sold AS IS, WHERE IS with NO CONTINGENCIES.