Millsboro, DE 19966

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Millsboro, DE 19966

$4,500,000
0 Square Feet
3.430000 Acres

400 Mitchell Street, Millsboro, DE 19966 Photo 2

400 Mitchell Street, Millsboro, DE 19966 Photo 3

400 Mitchell Street, Millsboro, DE 19966 Photo 4

400 Mitchell Street, Millsboro, DE 19966 Photo 5

Property Details

$4,500,000 for a building of 36 units($125,000/unit). Condo complex 36 units, all 2 bedroom,2 bath w/2 car garage. All apartments built to ADA specs, 55+ community, elevators, common area rooms, gated, new construction, never occupied. Being sold as a whole. Sample apartments 101A and 111B. Wonderful location: across from M&T Bank Building, easy access to Route 113, annexed into Town of Millsboro w/town water and sewer. Individual heat pumps for each unit for heat/AC. All units metered separately for electricity from Delmarva Power and water/sewer from Town of Millsboro. Perfect for Independent Living Facility or rental apartment building. Seller may rent any apartments and sale is subject to any apartments that are leased. $100,000 non-refundable deposit to accompany purchase contract.

LandOnly N
PropertyType Commercial
Floor Tile/Brick,Wood,CarpetFlr
TotalUnits 36
PropertyAge 4
County SUSSEX

Community & Schools

Subdivision MILLSBORO
SchoolDistrict Indian River

Interior Features

Bathrooms TwoBath

Exterior Features

WaterFront N
Exterior Vinyl Siding,Brick
ExteriorAmenities HwyExposure
Foundation BlockBrickFd
LandSqFt 149411
Parking OnSiteGar

Financial Details

TaxYear 2010
TotalAssessment 666000.00
TotalTaxes 36000.00

Miscellaneous Details

BuildingFeatures CeilingFans,ComputerRm,Elevator,FireAlarm,SecurityLgt,SecuritySys,SprinklerSys
BuildingFloors 3.00
Handicap MoblImprMods
SaleIncludes Land&Buildng

Map & Directions

South on 113 from Millsboro, turn left at Arbys and go to Mitchell Rd, take another left and FallBrooke Condo Building on left across from M&T Bank

Map for Millsboro, DE 1996638.5814629-75.2879588

Map locations are not exact and are meant to be an estimated reference only.

Listing information for 400 Mitchell Street, Millsboro, DE 19966 was graciously provided by our friends at the listing brokerage, Mann & Sons, Inc

In addition to this Commercial real estate property, we have hundreds of addtional Millsboro real estate listings and homes for sale and Sussex County real estate listings and homes for sale.

Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT REALTY "The TRI-STATE Group"'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT REALTY "The TRI-STATE Group", Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.

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Last Updated 05/22/2012