251 Rehoboth Ave, REHOBOTH BEACH

$5,990,000

0 Beds
0 Baths
4,106 Sqft
.44 Acres
0 Garages

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.

Essential Information
MLS® #DESU2075478
Price$5,990,000
Bathrooms0.00
Square Footage4,106
Acres0.44
Year Built1955
TypeCommercial Sale
Sub-TypeServices
StatusActive
Community Information
Address251 Rehoboth Ave
AreaLewes Rehoboth Hundred (31009)
CityREHOBOTH BEACH
CountySUSSEX-DE
StateDE
Zip Code19971
Interior
HeatingForced Air
CoolingCentral A/C
Exterior
ExteriorHardiPlank, Vinyl Siding
RoofFlat, Built-Up
School Information
DistrictCAPE HENLOPEN
Additional Information
ZoningTN
Listing Details
OfficeColdwell Banker Realty
Office Contact4105246111
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Listing information last updated on December 24th, 2024 at 12:15pm EST.

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