$ 4,000,000
-
$4,000,000
Price -
0.75
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing COMPASS8 - 3257685,3308802
Rare and never before offered, this C-1 commercial opportunity is in one of the most visible and sought-after locations in coastal Delaware. Positioned at the entrance to downtown Rehoboth Beach and along Rt. 1 South, this prominent corner assemblage offers exceptional exposure with frontage on both Rehoboth Avenue and Rt. 1/Coastal Highway. This unique mixed-use commercial property offers a versatile investment or owner-user opportunity situated on approximately 0.75± acres with excellent visibility and access. The site features multiple buildings, on-site parking, public utilities, and dual ingress/egress from Coastal Highway with shared access onto Rehoboth Avenue Extension. Additional exposure is provided by two on-site wooden billboards, enhancing advertising potential and traffic visibility. The current building configurations are: (1) A large three-story corner building with a blank-canvas interior ready for redevelopment, repositioning, or owner-user customization. This building consists of a 4,293± square foot warehouse constructed in 2018 with steel beam construction and a flat roof design. The building features decorative windows and balconies, creating an attractive commercial appearance rarely found in traditional warehouse space. Currently configured as an expansive single-story structure, the building was designed with the potential for conversion to a three-story layout, offering significant future expansion possibilities. (2) The former Point Coffee House, a separate storage building, is a 2,905± square foot restaurant facility featuring a typical restaurant finish along with additional rear warehouse/storage space. The restaurant structure is frame constructed and offers flexibility for restaurant, retail, catering, or service-related operations. (3) There is a 2,213± square foot small warehouse with mezzanine space within a pole building design, ideal for storage, workshop, distribution, or light industrial use. The property is further enhanced with site improvements already in place, making it well suited for a variety of commercial, industrial, retail, restaurant, or redevelopment opportunities in a high-traffic corridor location.With unparalleled visibility, strong traffic counts, and a gateway location serving both downtown Rehoboth Beach and the Rt. 1 corridor, this is a truly unique investment and development opportunity.
Listing Highlights for 37128 Rehoboth Avenue Extension
Status
Active
Days on Site
174
Property Type
Commercial Sale
MLS ®
DESU2112364
Year Built
2020
Lot/Acreage
0.75
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Concrete
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Additional Lot(s),Premium,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 16
- Lot Dimensions: 111.00 x 145.00
- Zoning: C-1
- Roof: Architectural Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved Parking,Private,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $804
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
37128 Rehoboth Avenue Extension Rehoboth Beach, DE 19971
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
