1204 Savannah Road

    LEWES, DE 19958
    • $539,900
    • STATUS: Active
    • ON SITE: 194 days
    • ID#: DESU128680
    UPDATED: 4 min ago
    $539,900
    • 4
      BEDS
    • 0.6
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 1,630
      SQFT
    • $331
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1955
    County:

    School Ratings & Info

    School District:

    Description

    Sturdy Lewes Homestead with Medical / Professional Use Aspirations & Likelihood. Essentially new construction, completely rebuilt Lewes home being offered with two independent building lots, with Conditional Use Approval #2109 of record, and the near term availability of City of Lewes water & sewer. The combinations of opportunities are only as limited as the imagination and entrepreneurial spirit within. The gross rental potential of subject property: Residential long term lease $24,000 annually. Alternatively, notwithstanding the 966 sq ft of basement space, valued at a minimum of $5 per sq ft for conditioned storage space ($4,830 annually / $402.50 monthly) that should be incorporated in any commercial lease, levels 1 & 2 of the home is 1630 sq ft, if lease as finished medical space, at the market rate of $20 per sq ft = $32,600 annually ($2,716.67 monthly). This same 1630 sq ft lease as finished office space, at the market rate of $16 per sq ft = $26,080 annually ($2,173.33 monthly). Additionally, the garage and shed could generate $3,600-$4,800 annually ($300-$400 monthly).

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-20T23:52:17.003.
    www.johnsmithteam.com/homes/91605601

    1204 Savannah Road LEWES, DE 19958

    • Price: $539,900
    • Status: Active
    • Updated: 4 min ago
    • ID#: DESU128680
    4
    Beds
    3
    Baths
    1
    ½ Baths
    0.6
    Acres
    1,630
    SQFT
    $331
    $/SQFT
    1955
    Built
    Neighborhood:
    None Available
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    School District:
    Cape Henlopen
    Property Description
    Sturdy Lewes Homestead with Medical / Professional Use Aspirations & Likelihood. Essentially new construction, completely rebuilt Lewes home being offered with two independent building lots, with Conditional Use Approval #2109 of record, and the near term availability of City of Lewes water & sewer. The combinations of opportunities are only as limited as the imagination and entrepreneurial spirit within. The gross rental potential of subject property: Residential long term lease $24,000 annually. Alternatively, notwithstanding the 966 sq ft of basement space, valued at a minimum of $5 per sq ft for conditioned storage space ($4,830 annually / $402.50 monthly) that should be incorporated in any commercial lease, levels 1 & 2 of the home is 1630 sq ft, if lease as finished medical space, at the market rate of $20 per sq ft = $32,600 annually ($2,716.67 monthly). This same 1630 sq ft lease as finished office space, at the market rate of $16 per sq ft = $26,080 annually ($2,173.33 monthly). Additionally, the garage and shed could generate $3,600-$4,800 annually ($300-$400 monthly).
    Exterior Features

    Architectural Style Cape Cod Construction Materials BlockConcreteMasonryFrame Direction Faces Northwest Garage Spaces 2.00 Garage Type Garage - Side Entry Garage YN Yes Lot Features Additional Lot(S)Rear YardFront YardRoad Frontage Other Structures Above GradeBelow Grade Parking Types Detached GarageDrivewayOff StreetParking Lot Pool No Pool Property Condition Shows Well Riparian Rights YN No Road Responsibility State Roof Architectural Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1630 Appliances Built-In MicrowaveDishwasherDisposalDryerMicrowaveOven - Self CleaningOven/Range - ElectricRefrigeratorStainless Steel AppliancesWasherWasher - Front LoadingWater Heater Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 966 Building Area Total 1124.00 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Flooring HardwoodTile/Brick Furnished No Heating Forced Air Heating YN Yes Interior Features Ceilngfan(S)Entry Level BedroomFamily Room Off KitchenFloor Plan - OpenFormal/Separate Dining RoomKitchen - Eat-InKitchen - GourmetMaster Bath(S)Recessed LightingUpgraded CountertopsWalk-In Closet(S)Wood Floors Levels 2 Main Level Bedrooms 1 Room List Dining RoomMaster BedroomBedroom 2Bedroom 3Bedroom 4BasementFoyerGreat RoomBathroom 1Bathroom 2Bathroom 3Master BathroomScreened Porch Upper Level1 Bedrooms 3

    Property Features

    Accessibility Features Ramp - Main Level Association YN No Building Name None Available Central Air YN Yes Condo YN No Cooling Fuel Electric Electric 120/240V Foundation Details Block Heating Fuel Oil Historic YN No Hot Water Electric Incorporated City Name Lewes Lease Considered YN Yes Navigable Water YN N New Construction YN No Original MLSNumber 301279901075 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Cess PoolPublic Sewer Structure Design Type Detached Tax Annual Amount 920.0 Tax Lot 13 Total Actual Rent 34000.00 Vacation Rental YN No Water Source Public Year Built Effective 2015 Zoning Ar1

    Listing courtesy of Coldwell Banker Resort Realty - R.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-20T23:52:17.003.
     
    John Smith Real Estate Group
    1255 S Market Street
    Elizabethtown PA, 17022