# 1120 S CENTRAL Avenue, LAUREL, DE 19956

> **TL;DR:** commercial, $1,499,500, built 1978.
> A/C. Est. $6,498/mo. Listed 266 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,499,500 |
| Year Built | 1978 |
| Lot Size | 191,664 sqft (4.40 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 266 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,498 |
| **Total** | **$6,498** |

## Key Amenities

- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 1120 S CENTRAL Avenue, LAUREL, DE 19956
- **County:** SUSSEX
- **Coordinates:** 38.54736689, -75.56963921
- **Google Maps:** https://www.google.com/maps?q=38.54736689,-75.56963921

## Listing Agent

- **Name:** Meredith M. Mears
- **Brokerage:** SVN/Miller Commercial Real Estate
- **Phone:** 4439444464
- **Email:** meredith.mears@svn.com

## Primary Photo

![1120 S CENTRAL Avenue - Primary Photo](http://lh.rdcpix.com/40e4ad40fe3652cf96967d40e7fb8e6dl-f3545918700r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/1120-s-central-avenue-laurel-de-19956-u2090982)*

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**MLS#:** DESU2090982 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1120-s-central-avenue-laurel-de-19956-u2090982)

---

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