22518 Lewes Georgetown Highway, Georgetown, DE 19947

$600,000
List Price
$600,000
Price Change
▼ $400,000 1529358564
Days On Market
135
Status
ACTIVE
MLS#
1001572656
Lot Size (Acres)
8
County
Sussex
School District
Indian River

Property Description

DRASTIC PRICE REDUCTION!!!! $1,000,000 to $600,000! GREAT VALUE!1,158 front feet on U.S. Route 9. Cross access easement to be granted by seller to purchaser at final settlement. The 8 acres for sale are completely separate from ?Sports At The beach? operations. Seller to grant buyer ?Cross access easement? to entrance. According to Southern Delaware Tourism - 10,000 hotel rooms per year are attributed to Sports At The Beach events and generate $300 million of economic impact. 2015 traffic count in front of site = 19,735 per day. Traffic study accepted by D.O.T. on 9/26/2017 (on file).

Additional Information

Area
Georgetown Hundred (31006)
Subdivision
None Available
School District
Indian River
Water
Well, Well Required
Sewer
Site Evaluation on File, Public Sewer, Septic Exists

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of COOPER REALTY ASSOCIATES INC.