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1205 Coastal Highway , #300

DEWEY BEACH, DE 19971
  • $1,575,000
  • STATUS: Active
  • ON SITE: 128 days
  • ID#: DESU176994
UPDATED: 5 min ago
$1,575,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Great Investment opportunity. Are you looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Or looking for a great property with investment potential. Well here is your chance. But the property and rent it out. The potential for 100k a year is very possible. Rent out both units. Retail below and residential above. Or, this incredible seasonal or potential year round business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by. Did I mention that it comes with a liquor license as well. That alone is worth the investment.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-13T22:51:26.2.
www.allisonstineteam.com/homes/113914396
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1205 Coastal Highway , #300 DEWEY BEACH, DE 19971

  • Price: $1,575,000
  • Status: Active
  • Updated: 5 min ago
  • ID#: DESU176994
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lewes Rehoboth Hundred (31009)
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Great Investment opportunity. Are you looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Or looking for a great property with investment potential. Well here is your chance. But the property and rent it out. The potential for 100k a year is very possible. Rent out both units. Retail below and residential above. Or, this incredible seasonal or potential year round business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by. Did I mention that it comes with a liquor license as well. That alone is worth the investment.
Exterior Features

Construction Materials CombinationFrame Garage YN No Parking Features Private Parking Types OtherOn StreetDriveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Other Exclusions Some Personal items To Be Negotiated Upon Acceptable Contract Heating Wall UnitCentralOther Heating YN Yes Inclusions All EquipmentInventoryGood FaithFurnishingsMenusPos Net Square Feet 2600.00

Property Features

Acceptable Financing CashConventional Accessibility Features Ramp - Main Level Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Propane Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304467198431 Ownership Interest Condominium Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 1096.00 Vacation Rental YN No Water Source Public Zoning Tn

Listing courtesy of Exp Realty, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-06-13T22:51:26.2.
 
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The Allison Stine Team with Northrop Realty a Long and Foster Company
37077 Coastal Highway
Fenwick Island DE, 19944