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REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach's most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast's most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50' x 100' are available separately ($1.250M each), creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.
| DAYS ON MARKET | 47 | LAST UPDATED | 9/25/2026 |
|---|---|---|---|
| TRACT | NONE AVAILABLE | YEAR BUILT | 1950 |
| COMMUNITY | Lewes Rehoboth Hundred (31009) | COUNTY | SUSSEX |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | CAPE HENLOPEN |
|---|
| PRICE HISTORY | |
| Prior to Sep 25, '26 | $7,995,000 |
|---|---|
| Sep 25, '26 - Today | $6,995,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Lewes Rehoboth Hundred (31009) |
| CONSTRUCTION | Asbestos, Concrete, Frame |
| HEAT | Electric, Heat Pump |
| LOT | 0.73 acre(s) |
| PARKING | Paved, Parking Lot |
| SEWER | Public Sewer |
| SUBDIVISION | NONE AVAILABLE |
| TAXES | 4182 |
| UTILITIES | Cable Available, Sewer Available, Water Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Berkshire Hathaway HomeServices PenFed Realty
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 2026 Sussex County Association of REALTORS®, Inc.
This IDX solution is (c) Diverse Solutions 2026.
