Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2020
Sq.Footage
0
Rare and never before offered, this C-1 commercial opportunity is in one of the most visible and sought-after locations in coastal Delaware. Positioned at the entrance to downtown Rehoboth Beach and along Rt. 1 South, this prominent corner assemblage offers exceptional exposure with frontage on both Rehoboth Avenue and Rt. 1/Coastal Highway. This unique mixed-use commercial property offers a versatile investment or owner-user opportunity situated on approximately 0.75± acres with excellent visibility and access. The site features multiple buildings, on-site parking, public utilities, and dual ingress/egress from Coastal Highway with shared access onto Rehoboth Avenue Extension. Additional exposure is provided by two on-site wooden billboards, enhancing advertising potential and traffic visibility. The current building configurations are: (1) A large three-story corner building with a blank-canvas interior ready for redevelopment, repositioning, or owner-user customization. This building consists of a 4,293± square foot warehouse constructed in 2018 with steel beam construction and a flat roof design. The building features decorative windows and balconies, creating an attractive commercial appearance rarely found in traditional warehouse space. Currently configured as an expansive single-story structure, the building was designed with the potential for conversion to a three-story layout, offering significant future expansion possibilities. (2) The former Point Coffee House, a separate storage building, is a 2,905± square foot restaurant facility featuring a typical restaurant finish along with additional rear warehouse/storage space. The restaurant structure is frame constructed and offers flexibility for restaurant, retail, catering, or service-related operations. (3) There is a 2,213± square foot small warehouse with mezzanine space within a pole building design, ideal for storage, workshop, distribution, or light industrial use. The property is further enhanced with site improvements already in place, making it well suited for a variety of commercial, industrial, retail, restaurant, or redevelopment opportunities in a high-traffic corridor location.With unparalleled visibility, strong traffic counts, and a gateway location serving both downtown Rehoboth Beach and the Rt. 1 corridor, this is a truly unique investment and development opportunity.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
-
Parking
Private, Paved, Other, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.75
-
Lot Size(square feet)
32670.0
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$4,000,000
-
Tax Amount
$804
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
CAPE HENLOPEN
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
SUSSEX
Elementary School
Middle School
High School
CAPE HENLOPEN
Listing Courtesy of Dustin Oldfather , Compass
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Owner, Principal Broker
Christy Issler
Call Christy today to schedule a private showing.
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