251 Rehoboth Ave, REHOBOTH BEACH, DE

$5,990,000

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4,106

Square feet

0.44

Acres

About 251 Rehoboth Ave

Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.

Features of 251 Rehoboth Ave

MLS® # DESU2075478
Price $5,990,000
Bathrooms 0.00
Square Footage 4,106
Acres 0.44
Year Built 1955
Type Commercial Sale
Sub-Type Services
Status Active

Community Information

Address 251 Rehoboth Ave
Area Lewes Rehoboth Hundred (31009)
City REHOBOTH BEACH
County SUSSEX-DE
State DE
Zip Code 19971

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
Fireplace No
Has Basement No

Exterior

Exterior HardiPlank, Vinyl Siding
Roof Flat, Built-Up

School Information

District CAPE HENLOPEN

Additional Information

Date Listed December 9th, 2024
Days on Market 66
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty
Contact Info4105246111

Listing Map

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