Kathy Engel & Vid Lopez

Engel Lopez Real Estate
Broker Associates
kathy engle vid lopez
CONTACT US TODAY

Kathy - 302-542-3846 -
Vid - 302-542-2435 -
16392 Coastal Highway, Lewes, DE 19958





Listing Details

Property Details

Prime, high visibility exposure, Rt-1 C-1 highway business location with over 200 storage units with a 1200+-s/f office/retail space. This 1.8 acre facility has 112 foot of highway road frontage and is currently the only fully operational public storage facility with direct highway access for sale between Fenwick Island and Wilmington DE. Located 4/10ths mile south from 5-Points, and with a AADT count of approximately 55,000 off Rt-1 northbound access and 22,000 from Savannah Rd. The parcel includes a double stack and lighted billboard; fully leased and managed by Clear Channel, 5 apartments; 2 with two bedrooms, 3 with one bedroom, each with a bath and one of the apartments is double sized unit as the manager's apartment. Well, electric individually metered, county sewer. Plenty of parking, easy direct highway access. Facility consists of; 2 units-18x12, 71 units-18x9, 7 units-23x10, 20 units-23x9, 12 units-8x9, 42 units-4x9, 40 units-4x6, 10 units-6x8, 3 units-8x8, 2 units-8x8 (part of owner apartment,) and 2 units-20x20. Approximate 23,000 cumulative storage square footage does not include apartments. 1031 exchange opportunity. Facility is being sold 'as-is.'

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