Active

1201 Savannah Rd #3

Lewes DE, 19958

$3,800,000


$423.45 per sqft

Active

8,974 sqft

Commercial

Built in 1970

This prime shopping center, located in the growing town of Lewes, Delaware, offers a fantastic investment opportunity in a highly sought-after location. Set on 1.3+/- acres, the property is ideally positioned to attract both local traffic and tourists, making it an ideal spot for retail, dining, or service-oriented businesses. Offering 1.3+/- Acres of land with ample parking space and great visibility from major roads.
Strategically located in the vibrant and rapidly expanding Lewes market, just minutes from Lewes Beach, and close to Route 1, a main thoroughfare to other coastal destinations. Commercial zoning with a wide variety of allowable uses, including retail, dining, and office space. Convenient access to major roadways and high traffic counts, ideal for attracting shoppers and tourists. Lewes and the surrounding areas continue to see growth, both in terms of population and economic development, providing a solid foundation for long-term tenant demand. The proximity to Lewes Beach and popular vacation spots in the area ensures a steady influx of visitors year-round.

DESU2079170

MLS ID

February 19, 2025

Listed

February 21, 2025

Updated

Interior Features

Appliances

Electric Water Heater


Floor Description

Carpet, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Electric

Exterior/Building Features

Lot Size

1.3 Acres


Roof

Asphalt, Shingle


Security

Smoke Detector(s)

Other Property Details

Taxes

$4,462


Tax Frequency

Annually


Days on Market

3


Accessibility

Accessible Entrance


Garage

No


Parking Total

40


View

No


County

SUSSEX


Water Source

Shared Well


Pool

No

Listed by R&R Commercial Realty
Listing Contact: 3026743400 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/21/2025 at 10:38 PM UTC

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