7 HOSIER ST Active

Selbyville,DE 19975

$ 2350000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2072942

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $3,407

Tax Year 2024

Lot Size 1.130 Acres

Acres 1.13

Lot Dimensions 0.00 x 0.00

Property Description

This exceptional industrial property offers a rare investment opportunity, featuring a long-standing and reputable tenant, strategically located in the highly sought-after Selbyville, Delaware,
market. The property consists of over 39,500 square feet of warehouse, office, and show room space spread across 3 Acres, making it ideal for investors seeking stable cash flow and growth potential.

Since 1969, this property has been the home of Cabinetry Unlimited, a well-established business servicing the entire Delmarva Peninsula. In 2021, Cabinetry Unlimited was acquired by DB Home Designs, a
subsidiary of CSC Generation, a $1.5 billion privately held furniture and home goods company. This acquisition further solidifies the stability of the tenant and their commitment to the property for the foreseeable future.

The industrial site includes three buildings, each equipped with essential features such as loading docks, drive-in doors, and ample manufacturing space. With its combination of a prime location, quality
tenant, and versatile industrial features, this property presents an outstanding opportunity for investors seeking a secure, income producing asset.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning GC

Interior

Hot Water Other

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 45.0

Waterfront N

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 45

Garage N

Building

Lot Description Additional Lot(s)

Sewer Other

Water Public

New Construction N

Schools

School District Indian River

Others

Tax ID 533-16.12-13.00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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