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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.
| DAYS ON MARKET | 9 | LAST UPDATED | 3/25/2025 |
|---|---|---|---|
| YEAR BUILT | 1974 | COMMUNITY | Lewes Rehoboth Hundred (31009) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CAPE HENLOPEN |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Lewes Rehoboth Hundred (31009) |
| CONSTRUCTION | Concrete, Stucco |
| HEAT | Electric, Heat Pump, Zoned |
| LOT DESCRIPTION | Waterfront |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 3808 |
| UTILITIES | Cable Available, Phone Connected |
| WATER | Public |
| WATER ACCESS | Atlantic Ocean |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Front, Beach Access |
MORTGAGE CALCULATOR
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