About 251 Rehoboth Ave
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.
Features of 251 Rehoboth Ave
| MLS® # | DESU2075478 |
|---|---|
| Price | $5,990,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,106 |
| Acres | 0.44 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Services |
| Status | Active |
Community Information
| Address | 251 Rehoboth Ave |
|---|---|
| Area | Lewes Rehoboth Hundred |
| City | REHOBOTH BEACH |
| County | SUSSEX-DE |
| State | DE |
| Zip Code | 19971 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
Exterior
| Exterior | HardiPlank Type, Vinyl Siding |
|---|---|
| Roof | Built-Up, Flat |
| Construction | HardiPlank Type, Vinyl Siding |
Additional Information
| Date Listed | December 9th, 2024 |
|---|---|
| Days on Market | 330 |
| Zoning | TN |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|---|
| Contact Info | 4105246111 |