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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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34521 Postal Ln, LEWES, DE – $9,900,000

  • $9.9M Price
  • 70,000 Sqft
  • 4.13 Acres
  • 38 DOM
  • $9.9M Price
  • 70,000 Sqft
  • 4.13 Acres
  • 38 DOM

34521 Postal Ln

Dream of owning your own hotel or Inn. Does that dream include living at the beach. Here is your unique opportunity to own 93 room hotel, located between two amazing beaches. Directly in the middle of all the action Rt 1 has to offer with Lewes in one direction and the award winning beaches of Rehoboth Beach in the other. Fantastic restaurants, shopping, entertainment, golfing and so much more are right at your doorstep. This hotel/Inn is only open seasonally with the strong financials to back it up. But with some tender loving care and the right owner, this is definitely a year around gem just waiting to be polished. The hotel/Inn sits on more than 4 acres of land on what displays like it's own private island, with shopping, restaurants and entertainment within walking distance. There are 93 rooms which break down as follows. 48 Standard rooms each with 2 queen beds. 23 Balcony rooms each with 2 queen beds. 12 Family rooms each with 3 queen beds. 5 ADA compliant rooms with 2 queen beds each and 5 two (2) room suites. The building is 4 stories with a 2,000 sq ft basement. 5 stop elevator. Large pool with patio area and a small health room/cardio area. The building estimated around 70,000 sq ft and with all that it has to offer it has the potential to be one of the areas top accommodation attractions. Part of the rear lot is undeveloped and with the right permits there are some additional options to be had there as well. There is so much untapped potential here. With the right buyer/investor, the returns are there for the taking. Do not let this one get away. Call today for your private showing. More photos room and interior photos to come.

Essential Information

  • MLS® #DESU142362
  • Price$9,900,000
  • Bathrooms0.00
  • Square Footage70,000
  • Acres4.13
  • Year Built2004
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive Under Contract

Community Information

  • Address34521 Postal Ln
  • AreaLewes Rehoboth Hundred (31009)
  • CityLEWES
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19958

Amenities

View

Golf Course, Street, Other, Panoramic

Interior

  • HeatingWall Unit, Other
  • CoolingWall Unit, Other

Exterior

Exterior

Brick and Siding, Concrete/Block

School Information

  • DistrictCAPE HENLOPEN

Additional Information

  • County Tax3846
  • Condo Fees0.00
  • Date ListedJune 13th, 2019
  • Days on Market38
  • ZoningD

Listing Details

  • OfficeEXP Realty
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Price Change History for 34521 Postal Ln, LEWES, DE (MLS® #DESU142362)

Date Details Change
Status Changed from Active to Active Under Contract
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

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 2019 Sussex County Association of REALTORS®, Inc.