12338 S DUPONT HWY, Felton, DE 19943
12338 S DUPONT HWY, Felton, DE 19943
12338 S DUPONT HWY, Felton, DE 19943
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Listed by Roger Bradley • Iron Valley Real Estate Premier
$ 1,500,000
Est. payment | /mo

1.4 Acres Lot


Save
$ 1,500,000
Est. payment | /mo
Save

1.4 Acres Lot

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2051892

Year Built 1960

Annual Tax Amount $2,716

Tax Year 2026

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Land for Commercial Use

Source BRIGHT

Property Description

RARE COMMERCIAL INVESTMENT OPPORTUNITY!!! Unlock the potential of this unique commercial property just south of the expanding town of Felton DE! This property offers an exceptional combination of existing income- producing improvements, residential accomodations and overall commercial development potential. The property currently features a 12 unit motel, providing an opportunity for an investor to continue hospitality operations, reposition the business or explore the alternative commercial uses. The existing owner/operator residence offers 3 bedrooms and 2 baths providing convenient on site accomodations. Adding even greater value is the additional 3 bed 2 bath home on the adjoining parcel being conveyed with the total property for sale. The real opportunity lies in the overall possibilities with this parcel. With BG (General Business) zoning, potential uses, subject to applicable approvals and requirements may include Retail, medical offices, service businesses, commercial recreation, mixed use concepts, multi family living and other qualifying commercial ventures. Whether your vision is to expand an existing hospitality operation, create a new commercial destination, or explore a larger development concept this offering deserves serious consideration. Additional parcel # 8-00-13800-02-5400-000 is included in this sale and will not be separated. This parcel regardless of the intended use is being sold As-Is and no repairs or considerations will be made by the seller at this time.

Location

State DE

County Kent

Area Lake Forest (30804)

Zoning BG

Interior

Hot Water Electric

Heating Forced Air

Cooling Window Unit(s)

Heat Source Propane - Leased

Exterior

Garage Spaces 14.0

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

Accessibility None

Total Parking Spaces 14

Garage N

Building

Sewer Public Sewer

Water Private

New Construction N

Schools

School District Lake Forest

Others

Tax ID SM-00-13800-02-5100-000

Ownership Fee Simple

Acceptable Financing Cash, Private, Other

Listing Terms Cash, Private, Other

Financing Cash,Private,Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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12338 S DUPONT HWY