$4,400,000
$4,600,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
10,000 SqFt
SOLD DATE : 02/07/2018
Key Details
Sold Price $4,400,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $440
Subdivision South Rehoboth
MLS Listing ID 1001031276
Sold Date 02/07/18
HOA Y/N N
Originating Board SCAOR
Year Built 1949
Annual Tax Amount $7,685
Lot Size 10,000 Sqft
Acres 0.23
Lot Dimensions 100x100
Property Description
Income producing property two blocks from the Oceanfront & Boardwalk in Rehoboth Beach, centrally located on the corner of Rehoboth Avenue and Second Street, the heart of the commercial corridor. Visibility and Accessibility. 7 retail spaces all tenant occupied. 6 Residential apartments. Rental income! 15,540 SF two story block building built 1949. Permitted uses include, but not limited to hotel, restaurants, retail, apartments, professional offices, etc.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C1
Interior
Heating Gas
Cooling Central A/C
Flooring Carpet, Vinyl
Fireplace N
Heat Source Oil
Exterior
Waterfront N
Water Access N
Roof Type Flat
Street Surface US Highway/Interstate
Accessibility 2+ Access Exits, 32\"+ wide Doors
Road Frontage City/County
Garage N
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-14.17-450.00
Ownership Fee Simple
SqFt Source Estimated
Security Features Fire Detection System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with CHRISTINA HAAG • Jack Lingo - Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "