109 South Bedford Street
$369,900
109 South Bedford Street, Georgetown, DE 19947
3,000 sqft
Building Size
0.2 acres
Lot Area
Details:
Description:
Perfect investment opportunity barely 500' from the circle in downtown Georgetown. Property is zoned for mixed use but currently has two residential tenants occupying both the top and bottom floor units. The building is in good shape and has undergone many recent updates inside and out. There are a few different options with this property. Leases are annual and will be coming up for renewal soon. This property can be used as a residential duplex or a mixed use property with commercial use on the first floor and residential on the second floor or the property next door, 107 N Bedford, could be purchased along side this one. The two properties can be combined and redeveloped into an apartment complex or a larger commercial building. There is plenty of parking and great roadside exposure to fit any needs.
Discover the charming town of Georgetown, Delaware, where history and modern convenience intersect. The area offers a blend of cultural attractions, dining, and shopping options to provide a vibrant living experience. The property is situated within close proximity to local points of interest such as the world-renowned Dogfish Head Craft Brewery, and the historic Georgetown Circle, which hosts community events and farmers markets. Additionally, the area boasts easy access to beautiful outdoor spaces, including the Nanticoke River and the expansive Sussex County Open Land. Investors will appreciate the area's appeal to Multifamily / High-Rise residents seeking a dynamic mix of urban amenities and small-town charm.
Documents:
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Location
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