118 Atlantic Ave #402 is a $549,900 home located in Ocean View, DE.
Looking to own your own office/business space or for a great cap rate investment? This prime opportunity is located in the 118 Atlantic Ave Professional Complex on heavily traveled Eastbound Rt 26 in Ocean View. Impressive as soon as you walk through the door, the 1412 square foot lower level encompasses an open meeting/conference/showroom area, kitchenette, and separate room/office. One bathroom is already ADA complaint. Current lease ends 12/31/2023. Finished with high level detail, there isn’t much to do but hang your sign and open for business! The 936 square foot second level has a separate entrance and is finished with same high level detail. Currently under long term lease with established attorneys office. Lease available upon request. Ample parking. Agent is owner. NOI variable based on option of owner occupancy.
Appliances | Hot Water - Electric |
Interior Features | Accessibility Features - 2+ Access Exits Accessibility Features - Doors - Lever Handle(s) Accessibility Features - Ramp - Main Level Utilities - Cable TV Flooring - Luxury Vinyl Plank |
Cooling Types | Central A/C Cooling Fuel - Electric Central Air - Yes |
Heating Types | Heat Pump(s) Heating Fuel - Electric Heating - Yes |
# Parking Spaces | 8 |
Parking Types | Parking Type - Lot |
Exterior Features | Accessibility Features - Level Entry - Main Electric Service - 200+ Amp Service In City Limits - Yes Browns Elementary |
Construction Types | Frame Aluminum Siding |
Water Source | Public |
Sewer | Public Sewer |
Property Type | Commercial Sale |
Property Sub Type | Office |
Style | Standard Condominium Gravel Pit/Quarry Grocery/Supermarket |
Year Built | 2006 |
HOA Fee | $0.00 |
Condo Fee | $0.00 |
Taxes | $1,366.00 |
County | sussex |
School District | indian river |
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