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    750 Kings Highway , 3 & 4

    LEWES, DE 19958
    • $850,000
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: DESU152940
    UPDATED: 78 min ago
    $850,000
    • 0
      BEDS
    • 1.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1996
    County:

    School Ratings & Info

    School District:

    Description

    IMMEDIATE OCCUPANCY AVAILABLE AT THE GATEWAY TO LEWES, a medical & professional hub. This property is owned by Kingstown, LLC; and previously leased to Cape Surgical Associates. As a result of Cape Surgical Associates integration with Beebe Healthcare, the current tenant of the 3,100 sq ft space is Beebe Healthcare. The current $49,200 annual lease is valid through July 2022. Beebe Healthcare is willing to terminate their lease rights for a buyer, owner occupant of the space. There is a total of 10 office condominium units in Kings Way Professional Center. Suite 103 is two, separate legal condominium entities; each deeded separately. As such Suite 103, with two front door, is easily divided (in order to be sold separately) or leased to multiple tenants. Fire Marshall regulations require a fire escape be installed in order to utilize the second floor for anything other than storage. $250 per month, per unit HOA fee covers master insurance, parking lot maintenance, common area maintenance & beautification, and snow removal. Fleeting Investor or Owner Occupant Opportunity.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-27T23:49:21.807.
    www.coastline-realty.com/homes/105560353
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    750 Kings Highway , 3 & 4 LEWES, DE 19958

    • Price: $850,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: DESU152940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.61
    Acres
    1996
    Built
    Neighborhood:
    Lewes Rehoboth Hundred (31009)
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    School District:
    Cape Henlopen
    Property Description
    IMMEDIATE OCCUPANCY AVAILABLE AT THE GATEWAY TO LEWES, a medical & professional hub. This property is owned by Kingstown, LLC; and previously leased to Cape Surgical Associates. As a result of Cape Surgical Associates integration with Beebe Healthcare, the current tenant of the 3,100 sq ft space is Beebe Healthcare. The current $49,200 annual lease is valid through July 2022. Beebe Healthcare is willing to terminate their lease rights for a buyer, owner occupant of the space. There is a total of 10 office condominium units in Kings Way Professional Center. Suite 103 is two, separate legal condominium entities; each deeded separately. As such Suite 103, with two front door, is easily divided (in order to be sold separately) or leased to multiple tenants. Fire Marshall regulations require a fire escape be installed in order to utilize the second floor for anything other than storage. $250 per month, per unit HOA fee covers master insurance, parking lot maintenance, common area maintenance & beautification, and snow removal. Fleeting Investor or Owner Occupant Opportunity.
    Exterior Features

    Construction Materials Brick Garage YN No Location Type Business Park Parking Features Paved ParkingPrivate Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 3100.00 Cooling Central A/C Flooring CarpetCeramic TileTile/BrickVinyl Heating Forced Air Heating YN Yes Net Square Feet 3100.00

    Property Features

    Accessibility Features 2+ Access Exits Assessment Year 2020 Association YN No Business Type MedicalProfessional Central Air YN Yes Cooling Fuel Electric Entry Level 1 Gross Income 49200.00 Heating Fuel Electric Historic YN No Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 302188794688 Ownership Interest Fee Simple Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 789.00 Tax Assessment Amount 16800.00 Total Actual Rent 49200.00 Vacation Rental YN No Water Source Public Zoning Tn

    Listing courtesy of Coldwell Banker Resort Realty - R.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-09-27T23:49:21.807.
     
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    CoastLine Realty
    31 Saulsbury Road, Suite 2
    Dover DE, 19904