12431 Beach Hwy, Greenwood, DE 19950

PROPERTY QUALIFIES FOR NEW LENDING PROGRAM, SUSSEX EXCITE LENDING PROGRAM, 10%IN, 25 YEAR TERM, 3.975 FIXED, MUST HAVE AT LEAST 10 EMPLOYEES, CAN INCLUDE EQUIPMENT, ETC. Light Industrial (zoning) property located on busy Route 16, just east of Greenwood, De. Office space of 3.052 square feet, manufacturing space of 8, 328 square feet and warehousing of 1600 square foot. Two restrooms. Ample power, high ceilings, large truck doors, with one ramp. Some updating to building and systems. 25,000 square feet of paved parking per appraisal. Unique zoning for Sussex County with many possibilities, could be split up into smaller units for lease. Rear two acres are zoned AR-1 and are currently tilled by local farmer. Building can be leased for $5,321.25 per month for a minimum of three years, 3% per year increase, triple net. NEW BOILER INSTALLED, January 2018.