209 Monroe Ave - Commercial LAND FOR SALE


Lewes, DE 19958 126,324 SF
$4,250,000 USD
302-227-0768
209 Monroe Ave, Lewes, DE for Sale
$4,250,000 USD
Commercial LAND - FOR SALE
1/7
126,324 SF

209 Monroe Ave
Lewes, DE 19958


HIGHLIGHTS

  • Prime Location/Visibility/Accessability to Historic Downtown Lewes
  • Preliminary Approvals for Retail/Restaurant Redevelopment
  • Excellent Hospitality/Residential Redevelopment

OVERVIEW

Attention Developers, Investors, Retailers, and Tourism-Based Businesses: A prime opportunity awaits with 3 acres of developable land for sale in Lewes, DE, located at a brand-new full movement intersection at the NE corner of Freeman Highway (Cape May-Lewes Ferry Road) and Monroe Avenue. This strategic location is surrounded by thriving residential neighborhoods in a high-demand demographic area. Positioned less than 1/2 mile from downtown Lewes, the Cape May-Lewes Ferry and Cape Henlopen State Park, and at the junction of several bike trails, the property offers excellent access to local residents and tourists alike. The area is amenity-rich, with proximity to popular restaurants and retailers, making it ideal for retail development, commercial/residential mixed use and hospitality ventures. This is a rare chance to invest in one of Delaware’s fastest growing and most desirable coastal markets. Note: “Dwelling unit, apartment in conjunction with commercial use and only on floors above street level”; City of Lewes, Table of Permitted Uses and Structures, General Commercial (GC) Sec. 197-Attachment 1.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/ACRE

$1,465,517/AC

PRICE/SF

$34 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Kings Highway / Freeman Highway Commercial

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

2.9 AC

LAND SF

126,324 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk

ZONING

GC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brittany DanahyDSM CommercialMore Info
302-227-0768

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Brittany DanahyDSM CommercialMore Info
302-227-0768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.