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About This Home
This 0-bedroom, 0-bathroom commercial at 26539 LEWES GEORGETOWN Highway in Harbeson, DE is listed for $2,200,000. on a 7.18 acres lot.
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 is located at the front of the property in 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.
Key Features
- 7.18 acre lot
Monthly Cost Estimate
$11,766/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
26539 LEWES GEORGETOWN Highway
Harbeson, DE 19951
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 26539 LEWES GEORGETOWN Highway is listed at $2,200,000. The estimated monthly payment is $9,533 based on 20% down at 6.5% interest.
Key features include: 7.18 acre lot.
This property is listed by Andrew Ball and can be reached at 4104223672 or andy.ball@svn.com.
