Display Additional (7) Property PicturesMls Status: ACTIVE
Property Type: Lots and Land
List Price: $1,400,000
List Date: 11-15-2021
Condo Fee: $600 Monthly
Annual Taxes: $132
Street Suffix: ROAD
Sewer: Public Sewer
School District: Red Clay Consolidated
Lot Size Acres: 0.00
Community: Coffee Run
Ownership: Fee Simple
Longitude & Latitude: 39.76927900 -75.66239900
Rare opportunity to build a 45 unit condo building in Hockessin, DE . This Pad site is avaialble for the last building of an approved development plan from 1972 that was never constructed. Public water, sewer, electric and gas are available at the location. Parking lot and common areas have been completed with other buildings. A 5 story , masonry, glass and brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original developmet and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Associtation. Original development and architectural plans in sellers' possession will be included as part of the purchase. Seller will retain one, fifth floor unit and the interior finishes will be done by the seller.
| MLS Listing #: DENC523958 Asking Price: $1,400,000 Community: Coffee Run Address: 614 LOVEVILLELOVEVILLE Hockessin, New Castle, Delaware 19707 |
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Rare opportunity to build a 45 unit condo building in Hockessin, DE . This Pad site is avaialble for the last building of an approved development plan from 1972 that was never constructed. Public water, sewer, electric and gas are available at the location. Parking lot and common areas have been completed with other buildings. A 5 story , masonry, glass and brick building was planned and a new buyer needs to retain an exterior similar to the existing buildings. New Castle County has maintained that the pad site will be treated as an unfinished part of the original developmet and not as a new development. Seller has maintained 45 votes in the Coffee Run Condominium Associtation. Original development and architectural plans in sellers' possession will be included as part of the purchase. Seller will retain one, fifth floor unit and the interior finishes will be done by the seller.
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