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Listing Details

Property Details

Just over 2 acres in-town Millsboro currently zoned Medium Residential! Property has potential for 6-7 building lots with a minimum lot size of 7,500 sq. ft. Current land lease on property has Initial term of 5 years (2017-2021) with quarterly rent of $5,400. Tenants then have 2 successive 5 year options with a 3% increase in rent each option term.

This listing is based on information from Sussex County Association of REALTORS®, Inc, which neither guarantees nor is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc may not reflect all real estate activity in the market.