For more information on this property,
contact John Luca at 3029996966 or AEJF9437@lei.rps-mail.com
12
Wilmington Avenue A & B AND #7,
Rehoboth Beach,
Delaware
DE
19971
Sold For: $1,492,500
Listing ID DESU2027722
Status CLOSED
SqFt 1,521
Acres 0.110
Year Built 1960
Property Description:
Great ocean block investment opportunity in Rehoboth Beach! Restaurant/business space with indoor and covered outdoor seating on 1st floor, with a nicely renovated 3 BR/2 bath condo on the 2nd and 3rd floor. Fabulous location on the front half of the ocean block of Wilmington Avenue. Operate your business on the 1st floor and live upstairs in the condo, or lease both. Year of construction (1960) is an estimate. Actual date is unknown.
Primary Features
County:
Sussex
Price/SqFt:
1018.41
Property Sub Type:
Mixed Use
Property Type:
Commercial Sale
Year Built:
1960
Zoning:
C1
Interior
Building Total SqFt Source:
Estimated
Central Air:
no
Cooling Type:
Heat Pump(s)
Flooring Type:
Hardwood, Carpet, Ceramic Tile
Heating:
yes
Heating Type:
Forced Air
External
Construction Materials:
Concrete
Cooling Fuel:
Electric
Heating Fuel:
Electric
Hot Water:
Bottled Gas, Electric
Lot Size Source:
Estimated
Lot Size Units:
Square Feet
New Construction:
no
Road Responsibility:
City/County
Roof:
Architectural Shingle
Sewer Septic:
Public Sewer
Tidal Water:
no
Type of Parking:
None
Utilities:
Propane, Phone
Water Access:
no
Water Oriented:
no
Water Source:
Public
Water View:
no
Location
Building Name:
Sea House
Country:
US
In City Limits:
yes
Location Type:
Free Standing
MLS Area:
Lewes Rehoboth Hundred (31009)
Waterfront:
no
Additional
Accessibility Features:
None
Base Off Market Date:
2022-12-30T00:00:00+00:00
Business Type:
Restaurant/Bar, Other
Days on Market:
1
Historic:
no
Potential Tenancy:
Multiple
Property Condition:
Excellent
Property Use:
Investment
Sussex DE Quadrants:
East of Rt 1
Year Built Source:
Estimated
Financial
Acceptable Financing:
Cash, Conventional
Association Recreation Fee:
N
Automatically Update Tax Values:
no
Buyer Financing:
Conventional, Other
Exclusions:
Seller will provide a list of personal items to be agreed upon by both parties within 1 week of contract
Ground Rent Exists:
no
Inclusions:
Commercial unit, 1st floor-Kitchen Hood System
Residential unit- furnished with exclusions
Net SqFt:
507
Ownership Interest:
Fee Simple
Possession:
Settlement
Riparian Rights:
no
Sale Type:
Standard
Vacation Rental:
no
Zoning Info
Area Info
Listing courtesy of Jack Lingo - Rehoboth (302) 227-3883
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Jack Lingo - Rehoboth. Data last updated on Monday, March 27th, 2023 08:52:56 AM.
Contact - Listing ID DESU2027722
John Luca
88 Lantana Dr.
Hockessin, DE 19707
Phone: 3029996966
Phone Alt: 3027405872
Data services provided by IDX Broker
