Your email has been sent.
40019 Everet Ln 0.7 Acres of Commercial Land Offered at $2,976,603 CAD in Fenwick Island, DE 19944
Investment Highlights
- 2.34-acre assemblage zoned C-1 for commercial development with flexible use cases.
- Direct frontage along Route 54, a major regional connector and tourist route.
- Includes historic Lighthouse Keeper’s House offering adaptive reuse potential.
- Prime location minutes from Fenwick Island and Ocean City beaches.
- Existing utilities with two active mobile home parks for interim income.
- Rare development opportunity in a highly constrained coastal market.
Executive Summary
Currently operating as two seasonal mobile home parks, the property offers utility connectivity, level topography, and direct access to Route 54, the area’s main commercial corridor linking Fenwick Island to Ocean City. The historic Fenwick Lighthouse and Keeper’s House border the site, providing significant heritage tourism appeal and potential adaptive reuse opportunities for hospitality or unique lodging concepts.
C-1 zoning permits a wide scope of development uses including retail centers, restaurants, resort accommodations, medical or professional offices. With proximity to the Atlantic coastline, heavy summer traffic counts, and regional attractions, this site represents one of the last large-scale build opportunities for developers seeking exposure along Delaware’s premier beach corridor.
Property Facts Under Contract
| Price | $2,976,603 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.70 AC |
| Property Type | Land | Parcel Number | 134-23.20-0057.00 |
| Zoning | C-1 - Commercial | ||
| Price | $2,976,603 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.70 AC |
| Zoning | C-1 - Commercial |
| Parcel Number | 134-23.20-0057.00 |
1 Lot Available
Lot
| Price | $2,976,603 CAD | Lot Size | 0.70 AC |
| Price Per AC | $4,252,290.13 CAD |
| Price | $2,976,603 CAD |
| Price Per AC | $4,252,290.13 CAD |
| Lot Size | 0.70 AC |
2.34-acre C-1 zoned assemblage near Fenwick Island beaches along Route 54. Includes four parcels with utilities, current mobile home parks, and historic lighthouse keeper’s house—ideal for retail, hospitality, or mixed-use development.
Description
This is a prime location in sought-after Fenwick Island! This is an extremely rare opportunity to purchase C-1 commercial land in Fenwick Island DE close to the beach and Atlantic Ocean. A salty breeze carries the scent of the Atlantic Ocean as you stand on these 4 commercially zoned C-1 parcels in Fenwick Island. Just a few blocks east the waves crash against the shore, a constant reminder of the area's beachside charm. The possibilities are endless. One potential would be a vibrant multifamily community development that caters to a variety of residents seeking a comfortable and convenient beach lifestyle. The development could offer a range of unit sizes, from cozy cottages to spacious multi-bedroom townhomes. The potential for shared amenities adds another layer to the multifamily living experience. Perhaps even a swimming pool or fitness center could be incorporated, creating a space for relaxation and healthy living. Other possibilities include a shopping center, multiple smaller retail businesses, and/or medical or other professional offices or leave as mobile home parks. This land is close to the Fenwick and Ocean City beaches, shops, restaurants, mini golf, water parks, and entertainment. The land is located off Rt 54 Lighthouse Rd and is currently used as a mobile home park (Gray's Lane Park) consisting of Tax ID 134-23.02-75.00-Park (18,295 sq ft) and Tax ID 134-23.02-76.00-Park (24,394 sq ft). Purchaser must buy both parcels at the same time. The historic Fenwick Island Lighthouse is directly next to the parcel and the historic lighthouse keeper's house is part of the sale. A possible Air B&B unique experience for that residence awaits! On the opposite side of the road is another mobile home park (Fryers Lane Park), consisting of Tax ID 134-23.02-56-Park (29,621 sq ft) and Tax ID 134-23.02-57.00-Park (30,492 sq ft). Purchaser must buy both parcels at the same time. Total acreage for the four parcels is 2.34 Acres (acreage on the North side of Rt. 54 is 1.36 Acres and the South Side of Rt. 54 is .98 Acres). Mobile homes belong to the tenants. The buyer must honor this season's existing rentals or settle on Nov. 1st after this coming rental season ends. PURCHASER MUST ALSO PURCHASE 39972 FRYERS LANE #PARK AND SETTLE BOTH PROPERTIES AT THE SAME TIME. TAX ID 134-23.20-56.00-PARK. Property is not in Fenwick Town Limits falls under Sussex County.
Presented by
40019 Everet Ln
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.