$512,500
$599,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
118 ATLANTIC AVE #402 Ocean View, DE 19970
2,200 SqFt
Key Details
Sold Price $512,500
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $232
MLS Listing ID DESU2051124
Sold Date 11/15/24
Originating Board BRIGHT
Year Built 2006
Annual Tax Amount $839
Tax Year 2023
Lot Dimensions 0.00 x 0.00
Property Description
Selling at close to an 8 cap! This prime investment opportunity is located in the 118 Atlantic Ave Professional Complex on heavily traveled Eastbound Rt 26 in Ocean View. Immediately income producing and currently under long term leases with excellent ROI. Leases available upon request. Ample parking. Agent is owner.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning TN
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 8.0
Utilities Available Cable TV
Water Access N
Accessibility 2+ Access Exits, Doors - Lever Handle(s), Level Entry - Main, Ramp - Main Level
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-12.00-425.00-8
Ownership Condominium
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Ruihua Zeka • Realty Mark Associates