Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Exceptional mixed-use development opportunity in the heart of Millville, Delaware—one of Sussex County’s fastest-growing coastal corridors. This ±2.5+ acre site is made up of three parcels and offers full utility access with public water and sewer, and is positioned for eminent development with no wetlands and supportive local zoning. Preliminary engineering indicates the property is fully developable, with concept plans supporting a mixed-use layout of four buildings featuring retail on the ground level and residential units above. Initial yield estimates suggest approximately 32 apartment units with about 17,000 square feet of retail, with the potential to increase density to ±48 residential units if developed as a fully residential apartment project. Key site features include an existing tax ditch with minimum required buffer and a smaller than typical stormwater management system designed for water quality compliance. The site benefits from strong frontage and accessibility, with preliminary discussions indicating minimal impact to existing utility infrastructure with water and sewer available at the road. The Town of Millville has demonstrated a favorable stance toward development in this location, and a preliminary site plan submission is being prepared, offering investors a clear path toward entitlement and construction. Strategically located near Route 26 with easy access to Bethany Beach, Ocean View, and surrounding residential growth, this property presents a rare opportunity for developers seeking a scalable mixed-use or multifamily project in a high-demand coastal market.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Propane, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame, Shingle Siding
-
Parking
Other
-
Pool
No
-
Waterfront YN
NO
-
View
Street, Trees/Woods
Area & Lot
-
Lot Features
Irregular Lot, Wetlands, Level, Secluded, Back Yard
-
Lot Size(acres)
2.75
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,500,000
-
Tax Amount
$850
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
84
-
Water Source
Public
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Location
County
SUSSEX
Elementary School
Middle School
High School
Listing Courtesy of Tammy Dunn , Keller Williams Realty
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