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1120 S Central Avenue Laurel, DE $ 1,499,500
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$ 1,499,500 Get more info
1120 S Central Avenue
$ 1,499,500
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1120 S Central Avenue

Laurel, DE, 19956
$ 1,499,500
Bedrooms-- Baths-- Sq 7,006

Monthly Estimate*

$ 9,355

1120 S Central Avenue, Laurel, DE 19956 - Image 1
1120 S Central Avenue, Laurel, DE 19956 - Image 2
1120 S Central Avenue, Laurel, DE 19956 - Image 3
1120 S Central Avenue, Laurel, DE 19956 - Image 4
1120 S Central Avenue, Laurel, DE 19956 - Image 5
1120 S Central Avenue, Laurel, DE 19956 - Image 6
1120 S Central Avenue, Laurel, DE 19956 - Image 7
1120 S Central Avenue, Laurel, DE 19956 - Image 8
1120 S Central Avenue, Laurel, DE 19956 - Image 9

Commercial Property for sale in Laurel, DE

for $1,499,500. This 7,006 square foot building was built in 1978 on a lot size of 4.4.

Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion. The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years. With a wide-open floor plan, and a small warehouse and office space in the rear of the building, the property is very versatile for varying uses. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years. C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses, making this an ideal property for investors or owner-occupants.

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Commercial Active

Price

$ 1,499,500

Property Type

Commercial

Taxes

$ 1,744

Style

Auto Related,Big Box Retail,Convenience Store/Gas

Lot Size

4.4

Year Built

1978

Town/City

Laurel

County/Region

Sussex

MLS | Web ID

DESU2090982
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Zoning C-B
Construction Materials Concrete Other
Year Built 1978
Property Subtype Retail
Ownership Fee Simple
Cool Fuel Other
Business Type Auto Related Big Box Retail Convenience Store/Gas Day Care Facility Flex Medical Other/General Retail Pad Site Professional Recreation Religious Facility School Shopping Center Storage Supermarket/Gr
Accessibility 2+ Access Exits
County SUSSEX
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Head North on Rt 13 to Johnny Janosik's World of Furniture. Take a left at the light onto Rt. 24. In less than 1 mile turn left onto South Central Ave. In less than 1 mile the property is on the righ
City LAUREL
Number Of Units Total 0
MLS Area Little Creek Hundred (31010)
Lot Size Units Square Feet
Lot Size Square Feet 191664.00
Tax Annual Amount 1744.0
Property Condition Good
Price Per Sq Ft Total AG 214.03
Vacation Rental Y/N N
Location Type Free Standing
Sussex DE Quadrants West of Rt 13
Standard Status Active
Year Built Source Estimated
Legal Subdivision LITTLE CRK HUNDRED
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 7006.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 4.40
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1120
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

meredith.mears@svn.com

Email

Affordability Calculator

$9,500
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,355
Monthly Property Taxes
$145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/18/2025$1,499,500 Listed Price

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1120 S Central Avenue, Laurel, DE, 19956 is a Commercial Property for sale at $1,499,500 with 7,006 sqft and a lot size of 4.4. 1120 S Central Avenue was built in 1978. The property's zip code is 19956 which is in Laurel, DE

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