Property

Selbyville, DE 19975 7 Hosier Street

7 Hosier Street Selbyville, DE - Image 17 Hosier Street Selbyville, DE - Image 2
Presented By: NAI Coastal
  • MLS# DESU2072942
  • 10/21/2024
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  • SQFT • 39,530

Home Details

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. Cabinetry Unlimited has successfully operated their business for decades, showcasing 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. 5/1/2025 NOI $180,000 with quarterly percentage rent bonuses. Initial term through April 2028 with multiple options to extend.
Presented By: NAI Coastal

Interior Features for 7 Hosier Street

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther

General for 7 Hosier Street

AccessibilityLevel Entry - Main
Business TypeManufacturing, Warehouse
CitySELBYVILLE
Construction MaterialsOther
Cool FuelOther
CoolingOther
CountySUSSEX
DirectionsHosier Street off of US Route 113.
HeatingOther
Legal SubdivisionTOWN/SELBYVILLE
Lot Size Square Feet49223.00
Lot Size UnitsSquare Feet
MLS AreaBaltimore Hundred (31001)
ModificationTimestamp2025-05-13T06:30:51
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionSettlement
Property SubtypeIndustrial
Property TypeCommercial Sale
SewerOther
Standard StatusActive
StatusACTIVE
Sussex DE QuadrantsEast of Rt 1
Tax Annual Amount3407.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1970
Year Built SourceEstimated
ZoningGC

Exterior for 7 Hosier Street

Building Area Total0.00
Car Parking Spaces40
Land Use Code999
Lot Dimensions0.00 x 0.00
Lot FeaturesAdditional Lot(s)
Lot Size Acres1.13
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Road Frontage Length300
Total Loading Docks5
Total Parking Spaces45
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $2,350,000
MLS#DESU2072942
List Date 10/21/2024
Property Type Commercial
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