1201 MIDDLEFORD ROAD, SEAFORD, Delaware 19973





Listed By CENTURY 21 Home Team Realty
The Commercial Property for Sale located at SEAFORD, Delaware 19973 is currently for sale. SEAFORD, Delaware 19973 is listed for $825,000. This property has Parking features. If the property located at SEAFORD, Delaware 19973 isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in SEAFORD .
Date Updated : May 25, 2025
Property features
Key features
- Parking
Construction details
- Year built: 1950
Other features
- Cooling system: Window Unit(s)
- Parking Spaces: 20
Description
High-Yield Investment Property outside of city limits but adjacent to water, public water, and sewer– Fully Leased with Immediate Cash Flow! This prime mixed-use property is a turnkey investment generating $11,800/month in gross rental income ($141,600/year) across multiple income-producing assets: Breakdown of Rental Income: Commercial Spaces: Unit 1 (Tire Shop): $1,500/mo Unit 2 (Barber Shop): $1,500/mo Unit 3 (Barber Shop): $2,000/mo Unit 4 (Grocery Store): $1,800/mo Residential Units – 7 Mobile Homes: Trailer 1: $1,400/mo Trailer 2: $1,000/mo Trailer 3: $650/mo Trailer 4: Not paying rent Trailer 5: (Lot Rent Only): $550/mo Trailer 6: $600/mo Trailer 7: $800/mo Stable Tenants + Expansion Potential = Strong ROI Net Operating Income (NOI): $131,600/year (after estimated $10,000 annual expenses. Estimated Cap Rate: 15%+ (based on list price – excellent return in today’s market!) Low Overhead: Minimal owner expenses with separate electric meters and long-term tenants. Value-Add Opportunity: ✔ Trailer 7 is not generating income, but it will be an instant income boost once it does! Why This Property? It is fully leased with a strong rental history Diversified income streams (commercial + residential) Minimal owner responsibilities Planned improvements for increased revenue High cash-on-cash return potential Perfect for investors seeking a high-yield, low-maintenance portfolio addition! Schedule a showing today!