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20575 Coastal Hwy 2,143 SF Retail Building Rehoboth Beach, DE 19971 $2,374,780 CAD ($1,108.16 CAD/SF)



Executive Summary
Being offered, a great opportunity to purchase Property at a Prime Commercial Location on the east side of Coastal Highway in Rehoboth Beach, but not within the city limits. The Real Estate Only is For Sale. This sale consists of 1 parcel that is Zoned C-1 and has egresses onto Coastal Highway and State Road. It also offers easy access from the southbound lane by turning onto Washington Avenue, then Jefferson Street that will direct you under Coastal Highway to State Road, much like a cloverleaf on the highway, with easy access back to the south bound lane. The property features a large corner parking lot, a showroom, an office, a garage with an auto lift, an air compressor and much more. This property perfect for its current use or restaurant, yoga studio, laundromat, and much more.
All negotiation through Bill Cullin. Must attend all showings. Appointment only. All appointments can be requested by calling Bill Cullin at 302-841-7147. Possible Uses: Bar/Tavern/Lounge, Barber/Beauty, Car Wash, Commercial, Day Care, Drive-Thru, Dry Cleaner, Florist/Nursery, Food & Beverage, Food Market, Laundromat, Medical/Dental, Parking, Printing, Professional Service, Residential, Restaurant, Retail, Telecommunication Site, Warehouse, Wholesale. For more information regarding Sussex County DE C-1 zoning, go to the county website: https://ecode360.com/8884278#8884278 - Video Tour-https://youtu.be/0clHRxQYkGk?si=wIHTkvI9Grxev87W
All negotiation through Bill Cullin. Must attend all showings. Appointment only. All appointments can be requested by calling Bill Cullin at 302-841-7147. Possible Uses: Bar/Tavern/Lounge, Barber/Beauty, Car Wash, Commercial, Day Care, Drive-Thru, Dry Cleaner, Florist/Nursery, Food & Beverage, Food Market, Laundromat, Medical/Dental, Parking, Printing, Professional Service, Residential, Restaurant, Retail, Telecommunication Site, Warehouse, Wholesale. For more information regarding Sussex County DE C-1 zoning, go to the county website: https://ecode360.com/8884278#8884278 - Video Tour-https://youtu.be/0clHRxQYkGk?si=wIHTkvI9Grxev87W
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,143 SF
Building Class
C
Year Built
1958
Price
$2,374,780 CAD
Price Per SF
$1,108.16 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.06
Lot Size
0.76 AC
Zoning
C1 - C-1 zoning. For more information regarding Sussex County DE C-1 zoning, go to the county website: https://ecode360.com/8884278#8884278
Parking
60 Spaces (28 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 334-19.08-143.00 | Improvements Assessment | $23,818 CAD |
| Land Assessment | $21,856 CAD | Total Assessment | $45,674 CAD |
Property Taxes
Parcel Number
334-19.08-143.00
Land Assessment
$21,856 CAD
Improvements Assessment
$23,818 CAD
Total Assessment
$45,674 CAD
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20575 Coastal Hwy
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