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Listed by Julian Washington • ARE PROS.
$599,999
Est. payment /mo
1.5 Acres Lot
New
123 W MARKET ST Georgetown, DE 19947
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2115632
Year Built 1960
Annual Tax Amount $920
Tax Year 2025
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Office
Source BRIGHT
Property Description
Rare opportunity to own a well-located commercial office property in the heart of Georgetown, Delaware. Situated on approximately 1.5 acres, this 3,000-square-foot office building offers exceptional flexibility for a wide range of professional users and investors.
Zoned UB3, this property is ideally suited for attorneys, medical practices, accountants, insurance agencies, engineering firms, or other professional offices. Its prime location places you just minutes from Georgetown's town center, Town Hall, and the new Family Court, providing outstanding convenience for clients and staff alike.
The expansive lot features an on-site parking area with ample parking and offers significant potential for future expansion of both the building and parking facilities. Opportunities to acquire commercial properties with this combination of location, zoning, and development potential are increasingly rare. This is a turn key opportunity waiting for its next owner.
Zoned UB3, this property is ideally suited for attorneys, medical practices, accountants, insurance agencies, engineering firms, or other professional offices. Its prime location places you just minutes from Georgetown's town center, Town Hall, and the new Family Court, providing outstanding convenience for clients and staff alike.
The expansive lot features an on-site parking area with ample parking and offers significant potential for future expansion of both the building and parking facilities. Opportunities to acquire commercial properties with this combination of location, zoning, and development potential are increasingly rare. This is a turn key opportunity waiting for its next owner.
Location
State DE
County Sussex
Area Georgetown Hundred (31006)
Zoning UB3
Interior
Hot Water Electric
Heating Heat Pump(s), Pellet Stove
Cooling Central A/C
Heat Source Electric, Pellets
Exterior
Garage Spaces 15.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 135-19.08-130.00
Ownership Fee Simple
Special Listing Condition Standard

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