1 VIRGINIA AVE, Rehoboth Beach, DE 19971
1 VIRGINIA AVE, Rehoboth Beach, DE 19971
1 VIRGINIA AVE, Rehoboth Beach, DE 19971
1 VIRGINIA AVE, Rehoboth Beach, DE 19971
1 VIRGINIA AVE, Rehoboth Beach, DE 19971
1 VIRGINIA AVE, Rehoboth Beach, DE 19971
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Stage4 Mem02

Stage4 Mem02

+1(586) 586-5860
$ 1,175,000
Est. payment | /mo
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$ 1,175,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID DESU2077840

Financing Cash,Conventional

Short Sale No

Originating MLS BRIGHT

Property Description

Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Electric

Heating Zoned, Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s), Heat Pump(s)

Flooring Carpet, Concrete, Tile/Brick

Heat Source Electric

1-purchase type For Sale

Exterior

Utilities Available Cable TV, Phone Connected

Waterfront Y

Waterfront Description Sandy Beach

Water Access Y

Water Access Desc Public Beach,Public Access

Accessibility 2+ Access Exits

Parking Type None

Building

New Construction N

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public

Schools

School District Cape Henlopen

Others

Tax Amount $3,808

Tax ID 334-14.14-14.00-A

Ownership Condominium

Acceptable Financing Cash, Conventional

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Brent Reed • Cape Realty

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Robert Lucido
Robert Lucido

Advisor | yjnn 4444789

+1(347) 903-3026

www.baidu.com

West, Huai'an, CA, 90013, USA

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1 VIRGINIA AVE