$ 5,990,000
-
$5,990,000
Price -
0
Bed - Bath
-
4,106
SqFt
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About the Listing 370OPF00 - 3255933
Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.
Listing Highlights for 251 Rehoboth Ave
Status
Active
Days on Site
282
Property Type
Commercial Sale
MLS ®
DESU2075478
Year Built
1955
Total Square Footage
4,106
Lot/Acreage
0.44
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 19
- Zoning: TN
- Roof: Built-Up,Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,866
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
251 Rehoboth Ave Rehoboth Beach, DE 19971
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