7 HOSIER ST Selbyville, DE 19975
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2072942
Year Built 1970
Annual Tax Amount $3,407
Tax Year 2024
Lot Size 1.130 Acres
Acres 1.13
Lot Dimensions 0.00 x 0.00
Property Sub-Type Industrial
Source BRIGHT
Property Description
market. The property consists of over 39,500 square feet of warehouse, office, and show room space spread across 3 Acres, making it ideal for investors seeking stable cash flow and growth potential.
Since 1969, this property has been the home of Cabinetry Unlimited, a well-established business servicing the entire Delmarva Peninsula. Cabinetry Unlimited has successfully operated their business for decades, showcasing the stability of the tenant and their commitment to the property for the foreseeable future.
The industrial site includes three buildings, each equipped with essential features such as loading docks, drive-in doors, and ample manufacturing space. With its combination of a prime location, quality
tenant, and versatile industrial features, this property presents an outstanding opportunity for investors seeking a secure, income producing asset.
5/1/2025 NOI $180,000 with quarterly percentage rent bonuses. Initial term through April 2028 with multiple options to extend.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning GC
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 45.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 45
Garage N
Building
Lot Description Additional Lot(s)
Sewer Other
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 533-16.12-13.00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
1425 Clarkview Rd, Baltimore, MD, 21209, USA
Hope Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.
${companyName}
Phone