36081 Zion Church Rd, Frankford, DE 19945

$3,000,000
List Price
$3,000,000
Days on Market
157
Status
ACTIVE
MLS#
DESU2009352
Lot Size (Acres)
5.44
Year Built
1900
County
Sussex

Property Description

5.44 +/- Acre site with two buildings totaling 8,200 SF. Currently used as an Auto Sales and Service center with office and warehouse space. Property is dual-zoned C-1 in the front, and AR-1 in the back. Private well and public sewer service. This is a truly unique opportunity to purchase a successful business that is both recession and pandemic proof. After many great years in the European auto repair industry, the Owner has decided to retire which makes this opportunity available. The business has operated profitably for many years and had gross income of approximately $2.3 million in 2020 and is projected to have another strong year this year. It is also situated on a large 5.44 acre tract in low tax Sussex County Delaware very near to all the high income resort areas southern Delaware is famous for. Live and work near the beach and enjoy a resort lifestyle while making money and growing this niche business. This is a truly unique offering for an entrepreneur looking to own a successful and well run business in a a fantastic location.

Additional Information

Area
Baltimore Hundred (31001)
Annual Tax Amount
$2,119
Ownership Interest
Fee Simple
Heating
Heat Pump(s)
Cooling
Heat Pump(s)
Water
Well
Sewer
Public Septic

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SVN/Miller Commercial Real Estate.