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Olivia Ryan Broker/Owner
Direct Office:
540-894-0445
valererealestateinc@gmail.com
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Olivia Ryan Broker/Owner
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Direct Office:
540-894-0445
valererealestateinc@
gmail.com
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Bear DE Real Estate & Commercial for Sale

3 Properties Found


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
1004231543
Type:
Investment
Subdivision:
Sparrow Run
Lot size:
0.05 Acres
Year built:
1972
Courtesy: C-21 Emerald
View additional info

The 19 properties are made up of (2) 4-Bedroom units, (14) 3-Bedroom units, (3) 2-Bedroom Units. 2015 had a 9.46 Cap Rate w/ 21 percent Vacancy Rate. 2016 had a 7.37 Cap Rate with a 24 percent Vacancy Rate. Potential 11 percent Cap Rate with a 5 percent Vacancy Rate. Please do not approach tenants.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
1000326375
Type:
General Commercial
Subdivision:
Fairwinds
Lot size:
2.32 Acres
Year built:
1963
Courtesy: KW Realty-Wilmington
View additional info

This is an irregular private residence that has commercial zoning (CR) Current residential land use precedes zoning and can continue indefinitely. The property has approximately 470+/- frontage along Pulaski Highway, varying depths of 200-300 feet+/- and overall land are of 2.32+/- acres. Currently the parcel has a single, limited point of ingress. A one story building that has been a personal residence for over 50+ years. The original structure has approx. 2,060 sq ft of building area with a dated but functional interior finish/utility. Overall physical condition of the structure is below average with significant repairs needed. The dwelling and two adjoining garage structures are located in the western section of the parcel. There is also a mobile trailer that is on the property. All improvements, structures, fences, buildings, and the mobile trailer are conveyed "AS IS". No repairs will be made by the seller. Possibly the best use of this acreage is for future commercial use of the parcel and possibly the original structure in a single commercial operation.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
1004378901
Type:
Other
Subdivision:
None Available
Lot size:
0.26 Acres
Courtesy: BHHS Fox & Roach-Newark
View additional info

Commercial lot has been approved for a 2,000 sqft building. Old Bear Post Office on Left Zoned CR. 20 ft access/utility easement on right side of 728 Ellen Dr. 6ft stockade fence on the rear property line. Route 40 access is available.

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