1 Old Mill Ln, Newport, DE 19804

$939,000

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List Price
$939,000
Days on Market
13
Status
ACTIVE
MLS#
DENC2106700
Lot Size (Acres)
0.56
Year Built
1982
County
New Castle
School District
Red Clay Consolidated

Property Description

Position your business for success with this exceptional owner-user or investment opportunity in one of Northern Delaware's most accessible commercial corridors. Rarely available and extensively renovated, this 4,000± SF flex/industrial building sits on a secure 0.56-acre parcel and offers an ideal combination of professional office space, functional warehouse operations, and valuable outdoor storage. The property features approximately 2,000± SF of well-appointed two-story office space and 2,000± SF of warehouse space with a 14-foot drive-in door, gas heat, and restroom. The office layout includes a welcoming reception area, private offices, conference room, kitchenette, and executive office with adjoining sitting area, providing a professional environment for administrative and client-facing operations. Zoned to possible add a second building Designed to accommodate a wide range of commercial users, the site offers abundant parking, a fully fenced outdoor storage yard, and an electronic security gate, making it particularly attractive for contractors, HVAC, plumbing, electrical, landscaping, construction, transportation, equipment, and service-related businesses. Strategically located with immediate access to I-95, Route 141, I-295, and I-495, the property provides outstanding regional connectivity to Wilmington, Philadelphia, Baltimore, and the surrounding Mid-Atlantic markets. Ownership has invested substantially in the property, completing extensive capital improvements over the past decade, including a new roof and siding, concrete parking lot, natural gas service, comprehensive office renovations, block wall foam insulation, upgraded water service, and secure perimeter fencing with electronic gate access. These improvements provide exceptional value and minimize future capital expenditures. Quality flex properties with secure outdoor storage in this location rarely become available. Whether expanding an existing business, relocating operations, or adding a well-maintained commercial asset to an investment portfolio, this property offers the flexibility, visibility, and long-term value today's buyers seek.

Additional Information

Area
Elsmere/Newport/Pike Creek (30903)
Taxes
$2216
School District
Red Clay Consolidated
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach - Hockessin. Contact: (302) 999-9999

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