|General Information: PUBLIC AUCTION
VALUABLE REAL ESTATE ON U.S. RT. 113
IN GEORGETOWN, DELAWARE
SATURDAY, AUGUST 19, 2006
Location: 18751 Dupont Boulevard, Georgetown, Delaware 19947. From the intersection of U.S. Rt. 113 & Del. Rt. 9 in Georgetown, travel north on U.S. Rt. 113 for 3.0 miles. Property will be on right (Signs Posted).
Inspection: Tuesday, August 8 from 4:00 to 5:30 P.M. & Tuesday, August 15 from 4:00 to 5:30 P.M.
This wonderful property is identified on the Sussex County Tax Map in District 1-35 Map 9.00 Parcel 37.00 and is further described in Deed Book 1455 Page 27. The property is a near square-shaped parcel and consists of 5.0197+/- Acres of land and has approx. 425 ft. of frontage along U.S. Rt. 113 at its westerly boundary with an entrance. The property is zoned AR-1 and has been used as a nursery. The property is improved with a 25’ x 60’ building with two roll-up doors, (3) 100 ft. greenhouses (oil heat), & a 90 ft. glass greenhouse (Sussex County Annual Property Tax- $330.83).
The property is situated just north of Georgetown on busy Rt. 113 and offers excellent potential. If your looking for property with high traffic visibility and easy access along one of Sussex County’s most traveled routes, do not miss this auction!
Terms: $25,000.00 non-refundable down payment on day of sale in the form of Cash, Cashier’s, or Certified Check made payable to Jos. C. O’Neal & Sons with the balance to be paid in 45 days when a good & marketable deed will be given. Buyer & Seller will equally share all State & County transfer taxes. State and County and municipal taxes and assessments to be adjusted as of the date of sale. Buyer will be required to pay all costs of preparing and recording the deed. The property is being sold in “AS-IS” condition. Failure to comply with these Terms of Sale will cause the down payment paid on day of sale to be forfeited and the property will be resold at the buyer’s expense. A 5% buyer’s premium will be added to the final selling price. Seller(s) have the right to accept or reject any or all bids, but it is their intent to sell said property. Broker Participation invited. Brokers must have clients registered 48 hours prior to auction. Contact our office for complete details.