103 W Pine Street Georgetown, DE $ 399,000
103 W Pine Street
$ 399,000
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103 W Pine Street

Georgetown, DE, 19947
$ 399,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 2,519

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Commercial Property for sale in Georgetown, DE

for $399,000. This 2,500 square foot building was built in 1792 on a lot size of 0.37.

Great investment opportunity in the heart of Sussex County. 2 story farmhouse in excellent condition, currently used as a professional office space with 5 offices, one full bathroom, one half bathroom, a conference room and full kitchen with new lease producing $39k per year in income. Zoned UR 1 in the town limits of Georgetown with conditional use approval. Currently leased for two more years (1/1) to long term tenant. Tenant pays all utilities. Landlord pays Insurance and Taxes. 10% Cap rate. ADA accessible. Baseboard radiator with furnace and mini splits for heat. Central AC with two outdoor units just purchased in 2021. Older building with many updates to include floors, roof, HVAC and windows. Currently parking for 6 vehicles with storage garage and plenty of room to grow. Terrific location one block off the circle in Georgetown.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 1,000

Style

Professional

Lot Size

0.37

Year Built

1792

Town/City

Georgetown

County/Region

Sussex

MLS | Web ID

DESU2121280

Features
Interior
Heating Fuel Oil
Flooring Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Baseboard - Hot Water Floor Furnace Hot Water
Cooling Central A/C
Possession 0-30 Days CD
Roof Architectural Shingle
Zoning TN
Construction Materials Stick Built
Year Built 1792
Property Subtype Office
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Business Type Professional
Building Name NONE AVAILABLE
Accessibility 36 + wide Halls
County SUSSEX
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N N
Status ACTIVE
Directions South on Bedford from Circle. Right on W. Pine St. Property on the corner of Pine and S. Front.
City GEORGETOWN
MLS Area Georgetown Hundred (31006)
Lot Size Units Square Feet
Lot Size Square Feet 16206.00
Land Lease Y/N N
Tax Annual Amount 1000.0
Property Condition Very Good
Price Per Sq Ft Total AG 199.5
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://vt-idx.psre.com/RB02424
Building Area Units Square Feet
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2000.00
Lot Dimensions 128 x 132
Lot Size Acres 0.37
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 1 103
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* Excluded Features
List By
Patterson-Schwartz-Rehoboth

Broker

john.rishko@gmail.com

Email

Affordability Calculator

$2,603
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/25/2026$399,000 Listed Price

Map


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103 W Pine Street, Georgetown, DE, 19947 is a Commercial Property for sale at $399,000 with 2,500 sqft and a lot size of 0.37. 103 W Pine Street was built in 1792. The property's zip code is 19947 which is in Georgetown, DE