Rehoboth Beach, DE 19971,168 REHOBOTH AVE
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Rehoboth Beach, DE 19971,168 REHOBOTH AVE
Rehoboth Beach, DE 19971,168 REHOBOTH AVE
Rehoboth Beach, DE 19971,168 REHOBOTH AVE
Rehoboth Beach, DE 19971,168 REHOBOTH AVE

$4,400,000

Est. payment /mo

$4,600,000

4.3%
Est.Price: ?

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168 REHOBOTH AVE Rehoboth Beach, DE 19971

10,000 SqFt

SOLD DATE : 02/07/2018

Key Details

Sold Price $4,400,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $440

Subdivision South Rehoboth

MLS Listing ID 1001031276

Sold Date 02/07/18

HOA Y/N N

Originating Board SCAOR

Year Built 1949

Annual Tax Amount $7,685

Lot Size 10,000 Sqft

Acres 0.23

Lot Dimensions 100x100

Property Description

Income producing property two blocks from the Oceanfront & Boardwalk in Rehoboth Beach, centrally located on the corner of Rehoboth Avenue and Second Street, the heart of the commercial corridor. Visibility and Accessibility. 7 retail spaces all tenant occupied. 6 Residential apartments. Rental income! 15,540 SF two story block building built 1949. Permitted uses include, but not limited to hotel, restaurants, retail, apartments, professional offices, etc.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C1

Interior

Heating Gas

Cooling Central A/C

Flooring Carpet, Vinyl

Fireplace N

Heat Source Oil

Exterior

Waterfront N

Water Access N

Roof Type Flat

Street Surface US Highway/Interstate

Accessibility 2+ Access Exits, 32\"+ wide Doors

Road Frontage City/County

Garage N

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-14.17-450.00

Ownership Fee Simple

SqFt Source Estimated

Security Features Fire Detection System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Bright MLS (BMLS)
Listed by CARRIE LINGO • Jack Lingo - Lewes
Bought with CHRISTINA HAAG • Jack Lingo - Rehoboth

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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