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20663 Coastal Hwy 2,400 SF Office Building Rehoboth Beach, DE 19971 $1,254,932 CAD ($522.89 CAD/SF)
INVESTMENT HIGHLIGHTS
- Direct highway frontage on busy NS beach corridor
EXECUTIVE SUMMARY
Excellent 1031 exchange opportunity. Rt-1 Road frontage zoned C-3 Commercial, town code property, 80-foot highway frontage, 150 feet deep; .27 acres adjacent to the Rehoboth Auto Repair shop. 2023 AADT was 38,970. 1687s/f heated space and a total of 2489s/f including basement. Good opportunity for a supply store, attorney or realty office, medical clinic, art studio, retail business, bike shop, or other business venture. Property being sold for the value of the Commercial land with direct highway frontage. Multiple office spaces, full kitchen, mud room, 2-season room, full basement, 2-car garage. Easy on and off. Sold as-is. Dwelling was recently leased as a residence. Purchaser is advised rooms are virtually staged for visualization.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
2,400 SF
Building Class
C
Year Built
1960
Price
$1,254,932 CAD
Price Per SF
$522.89 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
0.20
Lot Size
0.28 AC
Zoning
C-3 - Rehoboth Beach town code, C-3 Secondary Commercial
Parking
5 Spaces (2.08 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
CONTACTS
-
William Lucks -
Thomas Lucks -
William Luck's Professional Group - Powered by KW
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20663 Coastal Hwy
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