19871 Coastal Hwy - Freestanding FOR SALE


Rehoboth Beach, DE 19971
$3,500,000 USD
302-227-0768
19871 Coastal Hwy, Rehoboth Beach, DE for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

19871 Coastal Hwy
Rehoboth Beach, DE 19971


HIGHLIGHTS

  • Prime Location and Visibility on Coastal Highway (AADT 60,000+)
  • Surrounded by Established Business and High-End Residential Communities
  • Great Opportunity for Branding and Signage Visibility

OVERVIEW

Prime freestanding building located in the heart of the Delaware Beaches, fronting Coastal Highway. This iconic +/-.64ac commercial property is nestled between Outback Steakhouse and CVS Pharmacy at the Sea Blossom Blvd light. The property currently houses a +/-6,000sf retail/warehouse building (+/-75'x80' with 16-20' ceiling height) with a second building containing two second floor apartments with storage underneath in the rear. The building is currently leased to God's Way, please do not approach tenant. The property has DelDOT approved ingress/egress off of Coastal Highway and a REA in place/recorded for access onto Sea Blossom Blvd in the rear. The property is within Sussex County and serviced by public water and sewer. Excellent opportunity to be an owner/user of a fantastic piece of real estate in a booming market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Carpet One

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

C1

APN/PARCEL ID

334-13.00-351.00

ASK ABOUT THIS PROPERTY

Brittany DanahyDSM CommercialMore Info
302-227-0768

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Brittany DanahyDSM CommercialMore Info
302-227-0768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.