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Mann & Sons Inc

414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477

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Bill Mann

Broker / Owner

  • Cell 302.470.7600
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18276 Coastal, Lewes, DE – $1,999,999

  • $2M Price
  • 63,162 Sqft
  • 1.45 Acres
  • 112 DOM
  • $2M Price
  • 63,162 Sqft
  • 1.45 Acres
  • 112 DOM

18276 Coastal

Opportunity awaits a savvy investor. This turn-key operation is the first motel site on Rte 1 South between Rts. 9 and 24. Currently operating as a 9 unit efficiency motel with a separate 4 bedroom house and business office , the site is comprised of 1.45 acres of which more than half remains undeveloped. The current operation could be expanded or razed to make way for a larger multi-story motel. Investors with franchise opportunities would be wise to consider this property. In addition to capturing traffic from the north, the site is only blocks south of Kings Hwy, making it ideally located to capture ferry traffic coming from Cape May. Please schedule all appointments with the listing agent. No visiting the site without the owners permission and being accompanied by the listing agent.

Essential Information

  • MLS® #727154
  • Price$1,999,999
  • Bathrooms0.00
  • Square Footage63,162
  • Acres1.45
  • Year Built1960
  • TypeCommercial/Industrial
  • Sub-TypeCommercial Improved
  • StatusActive

Community Information

  • Address18276 Coastal
  • AreaLewes And Rehoboth Hundred
  • CityLewes
  • CountySussex
  • StateDE
  • Zip Code19958

Amenities

  • UtilitiesElectric On Site

Interior

  • HeatingForced Air
  • CoolingCentral A/C
  • Has BasementYes
  • BasementPartially Finished

Exterior

  • ExteriorVinyl Siding
  • Lot DescriptionCleared
  • RoofShingle-Asphalt

School Information

  • DistrictCape Henlopen

Additional Information

  • County Tax1371
  • Days on Market112
  • ZoningC1

Listing Details

  • OfficeJACK LINGO LEWES
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Based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided "AS IS" and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market Mann & Sons, Inc. is a Real Estate licensee in the State of Delaware. SCAOR DE License Number: SCAOR 08098.

Copyright 2018 Sussex County Association of REALTORS®, Inc.