MLS® ID: DESU145178
20215 DUPONT BOULEVARD
GEORGETOWN, Delaware, 19947 $495,000
EXCELLENT INVESTMENT OPPORTUNITY! This property has a Cell Tower lease and three double-sided Billboards generating total annual income of $21,431.00. 1.38 acres with 400' of road frontage on busy Rt. 113 Northbound. Deldot records indicating 28,00 to over 33,000 vehicles passing daily. This C-1 Commercially zoned land with city water and sewer potential is only 300 feet away. Or, install your own private well and septic. The income will help pay the mortgage while you're waiting to develop or just enjoy the investment income! Excellent candidate for a 1031 exchange.