Dewey Beach, DE 19971,1502 COASTAL HWY
Dewey Beach, DE 19971,1502 COASTAL HWY
Dewey Beach, DE 19971,1502 COASTAL HWY
$850,000
Est. payment /mo
$930,000
8.6%
Est.Price: ?

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3,049 Sqft Lot
SOLD DATE : 03/14/2022

Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DESU179968

Sold Date 03/14/22

HOA Y/N N

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $649

Tax Year 2021

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 49.00 x 65.00

Property Description

Here is a great opportunity to have your business in the heart of the famous Dewey Beach. Location is perfect and offers the chance for income. Based on the zoning you would be required to have a business operated from the site. Now here is the possibilities. Take the house down and you can build a three story building with a business on the first level ( this is a zoning requirement)and residential on second and third level. Zoning Information is in the documents section. The income potential during the season is very good and this could produce long term income as a destination location at the beach. Now if you just want it for your personal use you still need to follow town codes as they relate to a business. Call today for details.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Electric

Heating None

Cooling Other

Heat Source None

Exterior

Garage Spaces 5.0

Waterfront N

Water Access N

Roof Type Asphalt

Street Surface Paved

Accessibility 2+ Access Exits

Road Frontage State

Parking Type Driveway

Total Parking Spaces 5

Garage N

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-20.18-227.00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by DENNIS R BARNES • Coldwell Banker Resort Realty - Rehoboth
Bought with William R Ganc • Ganc Commercial Realty

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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