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Incredible investment opportunity in the booming beach town of Rehoboth Beach, Delaware, this +/-.36-acre lot sits on two commercially zoned parcels with great development potential. The 5,600 SF building is currently used as the established and successful restaurant and bar, Just in Thyme, with two 2-bedroom apartments upstairs, both on month-to-month leases and offers parking for 38 cars. With 61 ft of frontage on Coastal Hwy Route 1, the lot has very high visibility year-round and convenient access to both downtown Rehoboth and Dewey Beach. Perfect for an owner/user, developer, investor, or restauranteur, schedule your private tour today!
| DAYS ON MARKET | 206 | LAST UPDATED | 5/1/2024 |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | Lewes Rehoboth Hundred (31009) |
| COUNTY | SUSSEX | STATUS | Conditional |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lewes Rehoboth Hundred (31009) |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| HEAT | Electric, Heat Pump |
| LOT | 0.33 acre(s) |
| LOT DIMENSIONS | 139.00 x 77.00 |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 3061 |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Compass
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 2024 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2024.
