DE > Seaford > Island Development
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Seaford, DE 19973,1201 MIDDLEFORD RD
Listed by JOSE ANTONIO SANTOS • Century 21 Home Team Realty
Bought with Jason Thomas Hoenen • Bryan Realty Group
$825,000
Est. payment /mo
1.3 Acres Lot

UPDATED:

Key Details

Sold Price $825,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Island Development

MLS Listing ID DESU2080504

Sold Date 12/03/25

Year Built 1950

Lot Size 1.300 Acres

Acres 1.3

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

High-yield mixed-use investment property adjacent to Seaford city limits. Public water & sewer are available if annexed into the City of Seaford. Four fully leased commercial units and six occupied mobile homes generate $12,950/mo ($155,400/yr), with six additional vacant trailer pad sites for expansion. Strong tenant history, minimal owner expenses, and separate electric meters make this a turnkey property with a 17%+ cap rate. A rare opportunity for investors seeking immediate cash flow with significant value-add potential!

Location

State DE

County Sussex

Area Seaford Hundred (31013)

Zoning C-1

Interior

Hot Water Electric

Heating Other

Cooling Window Unit(s)

Heat Source Other

Exterior

Garage Spaces 20.0

Water Access N

Accessibility 2+ Access Exits, Level Entry - Main

Total Parking Spaces 20

Garage N

Building

Sewer On Site Septic, Public Hook/Up Avail

Water Public Hook-up Available, Private

New Construction N

Schools

School District Seaford

Others

Tax ID 331-07.00-60.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Lease Purchase

Listing Terms Cash, Conventional, Lease Purchase

Financing Cash,Conventional,Lease Purchase

Special Listing Condition Standard

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Bright MLS (BMLS)

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Adam Ferst

Adam Ferst

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Agent | RSRS325119

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