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Danielle Wateridge

danielle.wateridge@gmail.com +1(703) 639-8869

$ 3,500,000

Est. payment -/mo

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19871 COASTAL HWY Rehoboth Beach, DE 19971

6,000 SqFt

UPDATED:

10/30/2024 07:13 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $583

MLS Listing ID DESU2073560

Originating Board BRIGHT

Year Built 1980

Annual Tax Amount $4,103

Tax Year 2024

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 100.00 x 289.00

Property Description

Prime freestanding building located in the heart of the Delaware Beaches, fronting Coastal Highway. This iconic +/-.64ac commercial property is nestled between Outback Steakhouse and CVS Pharmacy at the Sea Blossom Blvd light. The property currently houses a +/-6,000sf retail/warehouse building (+/-75'x80' with 16-20' ceiling height) with a second building containing two second floor apartments with storage underneath in the rear. The building is currently leased to God's Way, please do not approach tenant. The property has DelDOT approved ingress/egress off of Coastal Highway and a REA in place/recorded for access onto Sea Blossom Blvd in the rear. The property is within Sussex County and serviced by public water and sewer. Excellent opportunity to be an owner/user of a fantastic piece of real estate in a booming market.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C-1

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Propane - Metered

Exterior

Garage Spaces 17.0

Waterfront N

Water Access N

Street Surface Paved

Accessibility Level Entry - Main

Road Frontage Public, Private, Road Maintenance Agreement

Parking Type Parking Lot

Total Parking Spaces 17

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-13.00-351.00

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

Listed by BRITTANY DANAHY • DSM COMMERCIAL

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