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5877 S Rehoboth Boulevard

MILFORD, DE 19963
  • $3,000,000
  • STATUS: Active
  • ON SITE: 174 Days
  • ID#: DESU184774
UPDATED: 141 min ago
$3,000,000
  • 0
    BEDS
  • 10.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Located in the fast-growing southeast quadrant of Milford and close to many residential properties, Deep Branch Plaza is the ideal location for your next commercial venture! Situated approximately two miles from Route 1, downtown Milford, and Bayhealth Hospital, this 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying size. The restaurant sites, located at the property's perimeter, are proximate to both the adjacent river/stream and the retention pond. The resultant water views offer an ideal atmosphere for outdoor seating! Deep Branch Crossing will consist of +/-47,000 square feet of retail and office space at completion. The property is contiguous with Windward on the River, Jack Lingo Asset Management's (JLAM's) 264-unit for-rent apartment project, which will be accessible via an internal road connecting the two projects. Delivery will also include a DelDOT entrance with a dedicated turn lane. Square footage options for the retail sites range from 1,924 square feet to 9,620 square feet. The pump station has been completed, and both natural gas and electric will be provided by the City of Milford.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T23:49:52.913.
www.exitrealtyoc.com/homes/118055589
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5877 S Rehoboth Boulevard MILFORD, DE 19963

  • Price: $3,000,000
  • Status: Active
  • On Site: 174 Days
  • Updated: 141 min ago
  • ID#: DESU184774
0
Beds
0
Baths
0
½ Baths
10.36
Acres
Neighborhood:
Cedar Creek Hundred (31004)
County:
Sussex
Area:
Cedar Creek Hundred (31004)
School District:
Milford
Property Description
Located in the fast-growing southeast quadrant of Milford and close to many residential properties, Deep Branch Plaza is the ideal location for your next commercial venture! Situated approximately two miles from Route 1, downtown Milford, and Bayhealth Hospital, this 10.35-acre site includes two restaurant pad sites and multiple retail buildings of varying size. The restaurant sites, located at the property's perimeter, are proximate to both the adjacent river/stream and the retention pond. The resultant water views offer an ideal atmosphere for outdoor seating! Deep Branch Crossing will consist of +/-47,000 square feet of retail and office space at completion. The property is contiguous with Windward on the River, Jack Lingo Asset Management's (JLAM's) 264-unit for-rent apartment project, which will be accessible via an internal road connecting the two projects. Delivery will also include a DelDOT entrance with a dedicated turn lane. Square footage options for the retail sites range from 1,924 square feet to 9,620 square feet. The pump station has been completed, and both natural gas and electric will be provided by the City of Milford.
Exterior Features

Construction Materials Other Garage YN No Parking Features Paved Parking Parking Types Parking Lot Riparian Rights YN No View Pond Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling None Heating None Net Square Feet 4200.00

Property Features

Accessibility Features 2+ Access ExitsLevel Entry - Main Assessment Year 2021 Association YN No Business Type Restaurant/BarProfessionalPad SiteOther/General Retail Central Air YN No Construction Completed YN No Cooling Fuel None Heating Fuel None Hot Water None Navigable Water YN N New Construction YN Yes Number Of Units Total 0 Original MLSNumber 304645946861 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 1737.00 Tax Assessment Amount 31350.00 Vacation Rental YN No Water Source Public Hook-Up Available Zoning C1 & C3

Listing courtesy of Jack Lingo - Lewes.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Ocean City. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T23:49:52.913.
 
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