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About This Home

This 0-bedroom, 0-bathroom commercial at 1120 S CENTRAL Avenue in LAUREL, DE is listed for $1,499,500. Built in 1978, on a 4.40 acres lot.

Agent Description

Investment Opportunity in Laurel, DE. This 7,006 SF free-standing commercial building sits on 4.4 acres along Laurel, DE's main corridor, offering high visibility, multiple points of ingress and egress, plentiful parking and additional land for development or expansion.

The building on site was a very well performing Rite-Aid Pharmacy that was in operation for many years. With a wide-open floor plan, and a small warehouse and office space in the rear of the building, the property is very versatile for varying uses. A new roof (less than 5 years old) and brand new HVAC systems (about 1 year old) demonstrate that this property has been well maintained over the years.

C-B zoning provides excellent flexibility for retail, office, medical, or service-oriented businesses, making this an ideal property for investors or owner-occupants.

Key Features

  • Built in 1978
  • 4.40 acre lot
  • 40 parking spaces

Property Details

40 spaces
1978

Amenities

A/C

Monthly Cost Estimate

$8,020/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,498
Insurance$437

Estimates only. Actual payments may vary.

Location

1120 S CENTRAL Avenue

LAUREL, DE 19956

Property Details

Construction

Concrete

Parking

Parking Lot

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1120 S CENTRAL Avenue is listed at $1,499,500. The estimated monthly payment is $6,498 based on 20% down at 6.5% interest.

Key features include: Built in 1978, 4.40 acre lot, 40 parking spaces.

This property is listed by Meredith M. Mears and can be reached at 4439444464 or meredith.mears@svn.com.

MM

Meredith M. Mears

Agent at SVN/Miller Commercial Real Estate

(443) 944-4464

Listed by SVN/Miller Commercial Real Estate

MLS# DESU2090982· Source: listhub· Updated 266 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1120 S CENTRAL Avenue, LAUREL, DE 19956

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