Address
750 Kings Highway # 3 & 4 Lewes, DE
Price
$ 850,000
Property Attributes
  • MLS#DESU152940
  • TypeCommercial
  • CountySUSSEX
  • CityLewes
  • AreaLewes Rehoboth Hundred
  • Zip19958
  • StyleMedical,Professional
  • Year Built1996
  • Taxes789
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3100
  • Lot Size1.61 Acres
Listing Provided Courtesy Of:
Coldwell Banker Resort Realty - Rehoboth
Data Source:
Bright MLS
Property Description

IMMEDIATE OCCUPANCY AVAILABLE AT THE GATEWAY TO LEWES, a medical & professional hub. This property is owned by Kingstown, LLC; and previously leased to Cape Surgical Associates. As a result of Cape Surgical Associates integration with Beebe Healthcare, the current tenant of the 3,100 sq ft space is Beebe Healthcare. The current $49,200 annual lease is valid through July 2022. Beebe Healthcare is willing to terminate their lease rights for a buyer, owner occupant of the space. There is a total of 10 office condominium units in Kings Way Professional Center. Suite 103 is two, separate legal condominium entities; each deeded separately. As such Suite 103, with two front door, is easily divided (in order to be sold separately) or leased to multiple tenants. Fire Marshall regulations require a fire escape be installed in order to utilize the second floor for anything other than storage. $250 per month, per unit HOA fee covers master insurance, parking lot maintenance, common area maintenance & beautification, and snow removal. Fleeting Investor or Owner Occupant Opportunity.

Price History
5/5/2020 Listed $850,000

General Features

Accessibility 2+ Access Exits
Business Type Medical, Professional
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County SUSSEX
Days on Market 330
Flooring Carpet, Ceramic Tile, Tile/Brick, Vinyl
Heating Forced Air
Historic Y/N No
Legal Subdivision Kings Way Professional Center
Location Type Business Park
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Open Parking Spaces 64
Ownership Fee Simple
Parking Features Paved Parking, Private
Possession Settlement
Price Per Sq Ft 274.19
Property SubType Office
Property Type Commercial Sale
PropertyCondition Very Good
Roof Architectural Shingle
Sewer Public Sewer
Sussex DE Quadrants East of Rt 1
Tax Annual Amount 789.0
Tax Year 2020
Unit Number 3 & 4
Vacation Rental Y/N No
Water Access Y/N No
Zoning TN

Interior Features

Central Air Y/N Yes
Entry Level 1
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Total Restrooms 3

Exterior Features

Building Area Total 3100.00
Car Parking Spaces 64
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.61
Lot Size Source Assessor
Lot Size Square Feet 70132.00
Navigable Water Y/N No
Parking Spaces 3+ Car Parking
Total Parking Spaces 64
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19958

Price
AVG $920K
$850K
Taxes
AVG $800
$789
Visits
AVG 76
105
Year Built
AVG 1984
1996
Walkscore
AVG 38
40
Data Provided by Walkscore ® not using MLS data

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