Address
220 Rehoboth Avenue Rehoboth Beach, DE
Price
$ 2,500,000
Property Attributes
  • MLS#DESU168700
  • TypeCommercial
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • NeighborhoodSOUTH REHOBOTH
  • Zip19971
  • StyleProfessional,/General Retail
  • Year Built1950
  • Taxes$ 3576
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9100
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
BERKSHIRE HATHAWAY HOMESERVICES GALLO-R
Data Source:
Bright MLS - 382 - MD
Property Description

Income-producing property in downtown Rehoboth Beach. Just over 2 blocks to the Boardwalk. Fully leased commercial property with some recent renovations. Two retail spaces on the first floor, Two offices on the second floor. Great investment opportunity.

Price History
9/10/2020 Listed $2,500,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Professional, Other/General Retail
Construction Materials Frame
Cool Fuel Electric
Cooling Central A/C
County SUSSEX
Days on Market 321
Heating Heat Pump(s)
Legal Subdivision SOUTH REHOBOTH
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 274.73
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Investment
Roof Flat
Sewer Public Sewer
Subdivision Name SOUTH REHOBOTH
Sussex DE Quadrants East of Rt 1
Tax Annual Amount 3576.0
Tax Lot 70
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning TN

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 9100.00
Lot Dimensions 50.00 x 100.00
Lot Size Acres 0.11
Lot Size Source Assessor
Lot Size Square Feet 4792.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19971

Price
AVG $660K
$2.5M
Taxes
AVG $1,647
$3,576
Visits
AVG 66
158
Year Built
AVG 1991
1950
Walkscore
AVG 52
75
Data Provided by Walkscore ® not using MLS data

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