Active
251 Rehoboth Ave
Rehoboth Beach DE, 19971
$5,990,000
$1,458.84 per sqft
Active
4,106 sqft
Commercial
Built in 1955
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.
DESU2075478
MLSⓇ ID
December 9, 2024
Listed
December 21, 2024
Updated
Map
251 Rehoboth Ave
Rehoboth Beach DE, 19971
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.44 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Taxes
$5,866
Tax Frequency
Annually
Days on Market
13
Garage
No
Parking Total
19
View
No
County
SUSSEX
Water Source
Public
Pool
No
Listed by Coldwell Banker Realty
Listing Contact: 4439443073
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/21/2024 at 6:38 AM UTC
