DE > Rehoboth Beach
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
Rehoboth Beach, DE 19971,1 VIRGINIA AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
29
Jun
Mon
30
Jun
Tue
1
Jul
Brian Foraker

Brian Foraker

+1(302) 420-4616
Listed by Brent M Reed • Cape Realty
$ 1,175,000
Est. payment | /mo

6,500 SqFt

Save
$ 1,175,000
Est. payment | /mo
Save

6,500 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $180

MLS Listing ID DESU2077840

Year Built 1974

Annual Tax Amount $3,808

Lot Dimensions 0.00 x 0.00

Property Sub-Type Retail

Source BRIGHT

Property Description

Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Electric

Heating Zoned, Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s), Heat Pump(s)

Flooring Carpet, Concrete, Tile/Brick

Heat Source Electric

Exterior

Utilities Available Cable TV, Phone Connected

Waterfront Description Sandy Beach

Water Access Y

Water Access Desc Public Beach,Public Access

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-14.14-14.00-A

Ownership Condominium

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Foraker Realty Co., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1 VIRGINIA AVE

 
QUICK SEARCH
There are 31 quick searches