About 26539 Lewes Georgetown Hwy
Positioned in a highly desirable growth corridor, this 7.18±-acre, CR-1 zoned property presents a rare opportunity to acquire income-producing land with immediate and long-term development potential. The flexible CR-1 zoning supports a broad mix of commercial and residential uses, making this site ideal for developers, investors, or owner-users seeking scale and versatility. The property is currently occupied by 8 month-to-month tenants, generating $10,850 in monthly income ($130,200 annually). This allows a buyer to maintain cash flow while entitlements, design, or phased redevelopment are pursued—a true value-add scenario. Water/sewer available at the street. BONUS VALUE – EXPAND YOUR FOOTPRINT An adjoining ±1+ acre CR-1 parcel is also available, improved with a (to be) fully renovated home and office, to be connected to public water and sewer. Offered for an additional $875,000 (pricing will adjust if purchased as-is). Acquiring both parcels creates enhanced frontage, increased density potential, and greater development flexibility.
Features of 26539 Lewes Georgetown Hwy
| MLS® # | DESU2104364 |
|---|---|
| Price | $2,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,500 |
| Acres | 7.18 |
| Year Built | 1980 |
| Type | Commercial Sale |
| Sub-Type | Land for Commercial Use |
| Status | Active |
Community Information
| Address | 26539 Lewes Georgetown Hwy |
|---|---|
| Area | Indian River Hundred |
| City | HARBESON |
| County | SUSSEX-DE |
| State | DE |
| Zip Code | 19951 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | None |
Exterior
| Exterior | Mixed |
|---|---|
| Construction | Mixed |
Additional Information
| Zoning | CR-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SVN/Miller Commercial Real Estate |
|---|