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Marjorie Dick Stuart

  • Cell 240-731-8079
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32474 Lighthouse Rd, SELBYVILLE, DE – $7,900,000

  • $7.9M Price
  • 10.09 Acres
  • 298 DOM
  • $7.9M Price
  • 10.09 Acres
  • 298 DOM

32474 Lighthouse Rd

Prime commercial location in Selbyville of 10.09 acres. This is a rare commercial development opportunity on the busy intersection of Lighthouse Sound Rd. (Route 54) and Hudson Rd. There are already many existing new homes surrounding this property and more than 3,200 additional homes are coming soon. This is the perfect location for a shopping center, multiple smaller retail businesses, and/or medical or other professional offices to serve these homes and the entire Selbyville, Bayside, Fenwick, Ocean City area. The Seller will finance up to 70% of the purchase price at 1 percent below the current prime lending rate for up to 5 years. If you are interested in only the highly visible corner piece on Hudson Rd. and RT 54 seller will sell a 3-acre parcel on that corner for $3 million. This is an incredible business opportunity. The property is located 8 miles from the beach.

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Essential Information

  • MLS® #DESU2044978
  • Price$7,900,000
  • Bathrooms0.00
  • Acres10.09
  • TypeLand
  • Sub-TypeLand
  • StatusActive

Community Information

  • Address32474 Lighthouse Rd
  • AreaBaltimore Hundred (31001)
  • CitySELBYVILLE
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19975

School Information

  • DistrictINDIAN RIVER

Additional Information

  • Date ListedJuly 26th, 2023
  • Days on Market298
  • ZoningTN

Listing Details

  • OfficeColdwell Banker Realty
  • Office Contact(443) 856-2211
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Price Change History for 32474 Lighthouse Rd, SELBYVILLE, DE (MLS® #DESU2044978)

Date Details Price Change
Price Increased $7,900,000 $3,400,000 (75.56%)
Price Reduced (from $4,900,000) $4,500,000 $400,000 (8.16%)
Active (from Coming Soon) – –

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Listing information last updated on May 18th, 2024 at 1:06pm CDT.