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59 Baltimore Avenue

REHOBOTH BEACH, DE 19971
  • $3,600,000
  • STATUS: Active
  • ON SITE: 267 Days
  • ID#: DESU2029054
$3,600,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

School District:

Description

Being offered, a Prime Commercial location on Baltimore Avenue and 2nd Street, ideally located two blocks from the Rehoboth Beach boardwalk, ocean, Rehoboth Avenue, the bandstand, and restaurants. Owner is semi-retiring and has successfully occupied this store for 35 years. The property consists of a 4187 sq. ft. renown retail establishment on 59 Baltimore Ave that can be divided up to 7 rentable units, just across the street from the new Hyatt under construction, and the municipal parking lot. Entrances, electric meters, and plumbing already exists for additional bathrooms and division. It is zoned C-3, Tier 3 and the permitted uses include, but are not limited to retail, bar, restaurant, caf+--sandwich shop, self-service coin-op laundry, utility office, laboratory, and printing. It is also expandable, by adding a second and third floor as long as the total finished square footage is less than 10,000 sq. ft.. Any changes to the current configuration is subject to plans being submitted and approvals from the city. Rehoboth Beach has been long known as the Nation's Summer Capital but now is a year-round destination and is only a few hours away from both Philadelphia, Washington, D.C. and their surrounding areas, and is Delaware+GGs largest beach resort. Call for an appointment today.

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©2023 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: 2023-06-09T23:51:52.033.
www.allisonstineteam.com/homes/133114413
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59 Baltimore Avenue REHOBOTH BEACH, DE 19971

  • Price: $3,600,000
  • Status: Active
  • On Site: 267 Days
  • ID#: DESU2029054
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1980
Built
Neighborhood:
North Rehoboth
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Being offered, a Prime Commercial location on Baltimore Avenue and 2nd Street, ideally located two blocks from the Rehoboth Beach boardwalk, ocean, Rehoboth Avenue, the bandstand, and restaurants. Owner is semi-retiring and has successfully occupied this store for 35 years. The property consists of a 4187 sq. ft. renown retail establishment on 59 Baltimore Ave that can be divided up to 7 rentable units, just across the street from the new Hyatt under construction, and the municipal parking lot. Entrances, electric meters, and plumbing already exists for additional bathrooms and division. It is zoned C-3, Tier 3 and the permitted uses include, but are not limited to retail, bar, restaurant, caf+--sandwich shop, self-service coin-op laundry, utility office, laboratory, and printing. It is also expandable, by adding a second and third floor as long as the total finished square footage is less than 10,000 sq. ft.. Any changes to the current configuration is subject to plans being submitted and approvals from the city. Rehoboth Beach has been long known as the Nation's Summer Capital but now is a year-round destination and is only a few hours away from both Philadelphia, Washington, D.C. and their surrounding areas, and is Delaware+GGs largest beach resort. Call for an appointment today.
Exterior Features

Construction Materials Block Door Features Double Entry Garage YN No Location Type Downtown Lot Features Other Parking Features Public Parking Types On Street Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Flat View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4185.00 Cooling Central A/CZonedMulti Units Flooring CarpetConcrete Heating Heat Pump - Electric BackupZoned Heating YN Yes Net Square Feet 4185.00 Security Features Security System

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Cross Street Second Street Electric Circuit Breakers Entry Level 1 Foundation Details Slab Heating Fuel Electric Hot Water Electric Internet Services Cable Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801876550632 Owner Pays None Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 2637.50 Tax Lot 59 Transportation Bus Stop Less Than 1 Mile Utilities Cable TvPhone Vacation Rental YN No Water Source Public Zoning Tn

Listing courtesy of Long & Foster Real Estate, Inc.: .


©2023 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: 2023-06-09T23:51:52.033.
 
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The Allison Stine Team with Northrop Realty a Long and Foster Company
209 5th Street
Bethany Beach DE, 19930