42 mini storage units, 4200 sq.ft. warehouse under lease and 6400 sq.ft. retail or flex space currently available for lease. City water and sewer but located just outside of town. Mini-storage is gated and secure. 2 existing curbs cuts onto Rt. 113/Dupont Highway. Great exposure, visibility and access. Current income is $53,591. Potential income is $148,357 (11% CAP Rate). Owner does not market the mini-storage and current vacancy is about 40%. The 6600 sq.ft. flex/retail building could be converted to climate controlled mini-storage. Estimated rental rate as is would be $10.50 +/- per sq.ft. If renovated/updated, this rate would be more in the $12 -$14 range depending on the level of finish.
This exceptional industrial property offers a rare investment opportunity, featuring a long-standing and reputable tenant, strategically located in the highly sought-after Selbyville, Delaware, 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. In 2021, Cabinetry Unlimited was acquired by DB Home Designs, a subsidiary of CSC Generation, a $1.5 billion privately held furniture and home goods company. This acquisition further solidifies 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.
This restaurant, formerly known as the Cactus Café, has been serving the Selbyville area for over 30 years. Its central location and Rt 113 frontage, it makes it easy for anyone in the area to find and do business. This Turn-Key operation comes with all of the equipment needed to operate and is ready for a new owner. There are 50 parking spaces, 100 person seating capacity, a full bar, service bar, and several tv's for sports. It also includes a walk in cooler and a walk in freezer. The property is currently leased but if a new owner would like to operate the restaurant, the current lease could possibly be negotiated. The location would lend itself to redevelopment as well.
Approximately 1700 ft.² of office space on approximately 0.65 acres of commercial land directly on Rt. 113 DuPont Highway in Selbyville immediately south and adjacent to the Rite Aid drugstore. High traffic, high visibility, public water and sewer, could be occupied as is or lots of potential for redevelopment. General Commercial zoning offers a wide variety of uses. See survey and General Commercial District uses in the Documents Section.
Corner lot available in the town of Selbyville less than 800â from the intersection of Dupont Hwy(R113) and Rd399/Hosier Dr. This .79ac lot was approved in 2020 for four 2,400sqft warehouse buildings by the Town of Selbyville. These plans can be modified or scrapped. City water & sewer services are available.
Explore an exciting commercial opportunity in Selbyville with a spacious, flexible layout. Currently leased, the new buyer has an instant income producing property! If you are looking for owner occupied, this property allows for that option once the initial term ends on the current tenant. Transform the interior into a captivating retail destination or dynamic office space. Utilize large windows for product showcase and draw in passersby. Enjoy ample natural light and convenient on street parking. Parking is also available in the adjacent public parking lot. Seize the chance to make this space stand out among competitors. The new HVAC adds value to the property (installed Nov. 23). Contact us to envision the possibilities and secure this remarkable opportunity today!
Commercial Site in Prime Location hits the Market! 2.36 acres on the corner of RT 54 and W. Line Rd in Selbyville DE. This location is directly across from Yellowfins Restaurant and shopping center on heavily traveled Rt 54. The location is approximately 3-4 miles to the beaches of Ocean City MD and Fenwick Island. It has water and 8' sewer main that will supply a hotel, shopping center, office complex, medical center, professional center, etc. The lot is cleared, 8" hookups ran to property. Buy it Now Before It's SOLD!!! Owner Financing is available. This is a one of a kind commercial listing in-between Rt 1 and Rt 113.
Selbyville is located in Delaware. Selbyville, Delaware has a population of 2,806. Selbyville is more family-centric than the surrounding county with 25.31% of the households containing married families with children. The county average for households married with children is 20.2%.
The median household income in Selbyville, Delaware is $77,974. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Selbyville is 43.5 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 44 inches per year, with 11.4 inches of snow per year.
