Address
10 E Commerce Street Smyrna, DE
Price
$ 300,000
Property Attributes
  • MLS#DEKT246276
  • TypePending
  • CountyKENT
  • CitySmyrna
  • AreaSmyrna
  • Zip19977
  • StyleApartment Building,Hair Salon and Spa,Hotel/Motel
  • Year Built1990
  • Taxes$ 1885
  • Price$ 300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3300
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
The Moving Experience Delaware Inc
Data Source:
Bright MLS - 382 - MD
Property Description

For sale is the property at 10 E Commerce St. Smyrna, DE 19977 for $300,000. 10 E Commerce is a brick multi-use property located in the heart of downtown Smyrna within easy walking distance of restaurants, a library, shopping, and more. On the second floor is a long-term tenant in a 3 bedroom, 1 bathroom apartment. The first floor is fitted out as 1,675 +/- sqft of professional office but has potential for conversion to 2 residential units. Recent renovations include updated windows, doors, and a new HVAC system. At current market office space lease rates, the property has the potential of being an 11% cap rate. The property has easy access to all parts of the state.

Price History
2/5/2021 Listed $300,000

General Features

Accessibility None
Business Type Apartment Building, Hair Salon and Spa, Hotel/Motel, Medical, Other/General Retail, Professional, Restaurant/Bar, Other
Construction Materials Brick
Cool Fuel Natural Gas
Cooling Central A/C
County KENT
Days on Market 229
Heating Central
Legal Subdivision NO DATA
Lot Size Square Feet 6508.00
MLS Area Smyrna (30801)
New Construction No
Ownership Fee Simple
Possession Immediate
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 1885.0
Tax Lot 3800-000
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning CC

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 0.00
Lot Dimensions 34.00 x 191.41
Lot Size Acres 0.15
Lot Size Source Assessor
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 19977

Price
AVG $340K
$300K
Taxes
AVG $1,373
$1,885
Visits
AVG 71
120
Year Built
AVG 1996
1990

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