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36674 DUPONT BOULEVARD, SELBYVILLE, DE 19975
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Home Details for 36674 DUPONT BOULEVARD
Price
$1,250,000
Type
Commercial/Industrial
Year Build
9999
Lot Size
1.25
County
SUSSEX
Basement
Crawl Space
Tax
$2,683
MLS®️ Listing#
DESU2074878
On exitrealty.com
332 days
Property Description
42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate).
Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.
- Cooling Information
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- Electric
- Heating Information
- Oil
- Forced Air
- Parking
- Private
- Parking Lot
- Water Features
- Public
- Basement
- Crawl Space
Listing Courtesy: SVN |Miller Commercial Real Estate - 410-543-2440
Last Updated: 2025-09-05 12:17:34
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