$ 399,000
-
$399,000
Price -
2,000
SqFt -
0.37
Acre
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About the Listing PSREAREH - 3258398
2 story farmhouse in excellent condition, currently used as a professional office space with 5 offices, one full bathroom, one half bathroom, a conference room and full kitchen with new lease producing $39k per year in income. Zoned UR 1 in the town limits of Georgetown with conditional use approval. Currently leased for one more year with a one year option to long term tenant. Tenant pays all utilities. Landlord pays Insurance and Taxes. 10% Cap rate. ADA accessible. Baseboard radiator with furnace and mini splits for heat. Central AC with two outdoor units just purchased in 2021. Older building with many updates to include floors, roof, HVAC and windows. Currently parking for 6 vehicles with storage garage and plenty of room to grow. Could be a residence with a little work. Terrific location one block off the circle in Georgetown.
Listing Highlights for 103 W Pine St
Status
Active
Days on Site
46
Property Type
Commercial Sale
MLS ®
DESU2121280
Year Built
1792
Total Square Footage
2,000
Lot/Acreage
0.37
Interior Details
- Appliances:
- Air Cond: Central A/C
- Heating: Baseboard - Hot Water,Floor Furnace,Hot Water
- Fireplaces:
- Floor: Hardwood
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 128 x 132
- Zoning: TN
- Roof: Architectural Shingle
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,000
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
103 W Pine St Georgetown, DE 19947
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