20575 COASTAL HWY, Rehoboth Beach, DE 19971 – DESU2054226

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Christina Swain

christina@realtorinred.com +1(267) 397-6291

$ 1,900,000

Est. payment -/mo

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Price Dropped by $845K

20575 COASTAL HWY Rehoboth Beach, DE 19971

0.34 Acres Lot

UPDATED:

10/04/2024 01:39 PM

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2054226

Originating Board BRIGHT

Year Built 1958

Annual Tax Amount $1,607

Tax Year 2025

Lot Size 0.339 Acres

Acres 0.34

Property Description

Being offered, a great opportunity to purchase Property at a Prime Commercial Location on the east side of Coastal Highway in Rehoboth Beach, but not within the city limits. The Real Estate Only is For Sale. This sale consists of 1 parcel that is Zoned C-1 and has egresses onto Coastal Highway and State Road. It also offers easy access from the southbound lane by turning onto Washington Avenue, then Jefferson Street that will direct you under Coastal Highway to State Road, much like a cloverleaf on the highway, with easy access back to the south bound lane. The property features a large corner parking lot, a showroom, an office, a garage with an auto lift, an air compressor and much more. This property perfect for its current use or liquor store, restaurant, yoga studio and much more. Call for an appointment today!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C-1

Interior

Hot Water Electric

Cooling Central A/C

Flooring Ceramic Tile

Heat Source Propane - Leased

Exterior

Garage Spaces 45.0

Utilities Available Propane

Waterfront N

Water Access N

View Other

Roof Type Flat

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 45

Garage N

Building

Lot Description Cleared, Open, Road Frontage

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-19.08-143.00

Ownership Fee Simple

SqFt Source Estimated

Security Features Monitored

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by BILL CULLIN • Long & Foster Real Estate, Inc.

Christina Swain

Broker Associate | KELWLMLAB068881

+1(267) 397-6291

Christina Swain

20575 COASTAL HWY Rehoboth Beach, DE 19971

Key Details

Location

Interior

Exterior

Building

Schools

Others

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20575 COASTAL HWY