118 Atlantic Ave

For Sale

118 Atlantic Ave, Ocean View, DE 19970

This Ocean View property for sale is located at 118 Atlantic Ave. The general use of 118 Atlantic Ave is office and it incorporates 1,997 square feet of class C office space. The current listed sale price for 118 Atlantic Ave is $650,000. 118 Atlantic Ave is situated on a lot that is 2.15 acre in size.

Contacts

broker

Chris Moore, CCIM

LMT CRE

(302) 414-1000

Property Details

  • Property Type Office - Medical Office
  • Property Size 1,997 SF
  • Units 2
  • Lot Size 2.15 Acre
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2004
  • Date Updated Mar 29, 2024
Ocean View, DEBeautiful fully leased medical office building with two long term stable tenants great cap rate of 7.23% for a steady income producing property/ Tenants pays all association fees.

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Highlights

  • Steady Income Medical Office Building
  • Updated Building in a Great Area
  • Huge Appreciation Expected

Attachments

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Location

  • City Ocean View, DE
  • Zip Code 19970

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chris Moore, CCIM

LMT CRE

(302) 414-1000