$1,299,000 29787 John J. Williams Highway Millsboro, DE

MLS: 610475   Type: Commercial   County: Sussex   City: Millsboro   Area: Indian River Hundred   Zip: 19966   Style: Freestanding     Taxes: $2,315

Mortgage $6,099 /mo



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Professional office and retail space known as the Village Green Complex situated on John J. Williams Highway (Route 24) east of Millsboro. Property consists of 8 rental units with an excellent rental history and tenant mixture. Ample parking with 32 + spaces and additional parking available in the rear of the property. The complex has been well maintained & updated with new windows, heat pumps, flooring and more in all units. Approximately 296 +/- feet of road frontage of John J. Williams Highway. Room to expand the complex into the open space included in the sale. This is a one-of-a-kind investment opportunity in a prime location. Price is reflective of 2013 appraisal.

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Price History

2/7/2014 Listed $1,349,000
1/21/2015 4% - $1,299,000

Accessibility Handicap Access
Area 1.48
Commercial Building Name VILLAGE GREEN COMPLEX
Condo Fees 0
Condo Ownership Yn 0
Current Building Use Office
HOA Fee 0
Items Included Signage
Land Options Fee Simple
Listing Sub Type N/A
Ownership Fee Simple
Property Sub Type Commercial/Industrial
Property Type Commercial Improved
Section Between Rt. 1 & 113
Trash Expense 0
Zoning Features B1

Interior Features

Attic Access Only
Basement None
Cooling System Central A/C
Equipment Yn 0
Flooring Carpet, Tile
Heating Heat Pump(s)
Office Sq Ft 10897
Security And Fire Security System
Warehouse Sq Ft 0

Exterior Features

Building Type Freestanding
Exterior Type Vinyl Siding
Foundation Concrete Slab
Lot Description Landscaped
Lot Size Area 1.48
Lot Size Unit Acres
Lot Sq Ft 64650
Road Access State Highway
Road Surface Paved
Roofing Shingle-Asphalt
Sewer Septic-Gravity
Sewer Fee 0
Utilities On Site Individual Meters
Water Well
Water Fee 0

Property Schools

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Property vs Zip Code Avg (19966)

Price 1.29M Avg 1.61M

Sqr Feet 10,897 Avg 15,081

Cost / Sqr Ft $119 Avg $107

Taxes $2,315 Avg $5,467

Acres 1.48 Avg 2.46

Visits 436 Avg 104

Days on Site 1,148 Avg 597

Walkscore® 37 Avg 40

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Listing Provided Courtesy Of: INDIAN RIVER LAND CO

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Location & Address

eXp Realty Delaware
State Broker of Record is located at 144 Kings Hwy, Suite 301, Dover, DE 19
Dover, DE