Property Listing No Longer Available for Sale

45-45 1/2 Lake Avenue, Rehoboth Beach, DE

Retail for Sale - $999,000 - 4,536 Sq. Ft. on 0.13 acres


Property Info

CIMLS#961677
Location
  45-45 1/2 Lake Avenue
  Rehoboth Beach DE 19971
UpdatedJanuary 27th, 2018
TypeRetail
Price$999,000
Building4,536 Sq. Ft.
Land0.13 acres

Property Description

Unique opportunity in Rehoboth, bring your imagination! Over sized lot zoned C-3, which permits residential as well as commercial uses. Two separate buildings originally constructed with two separate residential units and one commercial space with full basement have been used as 100% retail/commercial recently. Desired use should be confirmed with the City of Rehoboth. Four (4) off street parking spaces are on site, with plans and curb cut to add another driveway on the west side of the building. Property sold "as is". Great location quiet but close to everything. The property is located on Lake Avenue, three blocks from the beach and just one block north of the main downtown area behind the new convention center and parking lot. In addition, the property is located approximately 3 miles east of Route 1, the major traffic artery through the Delaware Beaches.

Location Description:

The property is located on Lake Avenue, approximately 3 miles east of Route 1. Route 1 is the major traffic artery through the Delaware Beaches. In addition, the property is located just one block north of the main downtown area.

Highlights:

>> 2 Structures Totaling 4,536 SF

>> Asphalt Parking

>> Public Water/Sewer

>> C-3 Zoning

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Financials