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7 MARKET ST Frederica, DE 19946
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Key Details
Sold Price $125,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DEKT2005636
Sold Date 04/08/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,091
Tax Year 2021
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 48.00 x 85.24
Property Description
Currently occupied 3700 sq ft commercial / residential property in downtown Frederica. The downstairs has 5 rooms including a spacious back section. The downstairs is currently a consignment shop, but could easily be converted into a daycare, office, or other business venture. Upstairs is a three bedroom, 1 bath with an eat in kitchen, washer and dryer and spacious living room. This property comes with a rent potential of 2k per month. The town has begun to take off with improvements evident throughout the area. Don't miss this chance to get in early.
Location
State DE
County Kent
Area Lake Forest (30804)
Zoning NA
Interior
Hot Water Propane
Heating Forced Air
Cooling Central A/C
Heat Source Propane - Owned
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lake Forest
Others
Tax ID SM-08-14106-03-1800-000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Adam Joseph D'Alessandro • Myers Realty