35322, 35332, 35344 ATLANTIC AVE Millville, DE 19967
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Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2109016
Year Built 1900
Annual Tax Amount $850
Tax Year 2025
Lot Size 2.750 Acres
Acres 2.75
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
Preliminary engineering indicates the property is fully developable, with concept plans supporting a mixed-use layout of four buildings featuring retail on the ground level and residential units above. Initial yield estimates suggest approximately 32 apartment units with about 17,000 square feet of retail, with the potential to increase density to ±48 residential units if developed as a fully residential apartment project.
Key site features include an existing tax ditch with minimum required buffer and a smaller than typical stormwater management system designed for water quality compliance. The site benefits from strong frontage and accessibility, with preliminary discussions indicating minimal impact to existing utility infrastructure with water and sewer available at the road.
The Town of Millville has demonstrated a favorable stance toward development in this location, and a preliminary site plan submission is being prepared, offering investors a clear path toward entitlement and construction.
Strategically located near Route 26 with easy access to Bethany Beach, Ocean View, and surrounding residential growth, this property presents a rare opportunity for developers seeking a scalable mixed-use or multifamily project in a high-demand coastal market.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning COMMERCIAL
Interior
Hot Water 60+ Gallon Tank
Heating Heat Pump(s)
Cooling Central A/C
Flooring Hardwood
Heat Source Propane - Leased
Exterior
Water Access N
View Street, Trees/Woods
Roof Type Asphalt,Shingle
Street Surface Black Top
Accessibility None
Road Frontage City/County
Garage N
Building
Lot Description Backs to Trees, Irregular, Level, Non-Tidal Wetland, Rear Yard, Secluded
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-12.00-354.00, 355.00, 356.00
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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