Prime commercial opportunity in Rehoboth Beach with B-1 (Neighborhood Business District) zoning. Plantation Square is situated on the highly trafficked Plantations Road (Rd. 275) corridor (20,000 AADT) with great visibility and access to Rt. 1 (Coastal Hwy), Rt. 24 (John J Williams Hwy), and Rt. 9 (Lewes Georgetown Hwy). The property consists of 3 pad sites which will be delivered with site work complete (entrance, parking lot, lighting, stormwater, etc.) and ready for building construction. List price is $1,600,000 per completed pad site. Each pad site includes an above-market parking ratio of 5.6 per 1,000 SF (total of 167 shared spaces). Pad #1 - 1 story +/- 9,900 SF building, Pad #2 - 1 story +/- 9,900 SF building, Pad #3 - 2 story +/- 9,940 building. This central location between Lewes and Rehoboth is a short distance from the Beebe Healthcare Rt. 24 campus that includes the Tunnell Cancer Center and new surgical center. Lewes and Rehoboth Beach are vibrant seaside towns full of modern amenities and the two principle cities in Delaware's rapidly growing Cape Region. Lewes and Rehoboth are very popular year-round vacation destinations and increasingly popular for many retirees relocating to the area.
|DAYS ON MARKET||18||LAST UPDATED||2/10/2020|
|School District||CAPE HENLOPEN|
|GARAGE||Lighted Parking, Paved Parking|
|LOT DESCRIPTION||Cleared, Level, Road Frontage|
TOTAL MONTHLY PAYMENT
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
Copyright 2020 Sussex County Association of REALTORS®, Inc.
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