Rehoboth Beach Real Estate Property For Sale

59 BALTIMORE, Rehoboth Beach , Delaware

 

0 Bedrooms
0 Full Bathrooms
Half Baths: 0
Retail
Price: $3,600,000.00

Just listing, 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, café-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’s largest beach resort. Call for an appointment today.

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MLS #: DESU2029054
Price: $3,600,000.00
Waterfront: Waterview: Street
Address: BALTIMORE
Building Name:
Dwelling Type: Retail
Year Built: 1980
Waterview: Street
Lot Dimensions: 50.00 x 100.00
Acreage: 0.11
Dwelling Sq Ft: 4185.00
Dock:
Garage: On Street

Flooring: Carpet,Concrete
Heating: Heat Pump - Electric BackUp,Zoned
Cooling: Central A/C,Zoned,Multi Units
County Taxes: $175
City Taxes: $770
Water Fee: $0
Sewer Fee:
$0
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Listing Broker: Long & Foster Real Estate, Inc.
Broker Lead Email: carol.materniak@lnf.com
Broker Lead Phone Number: 302-542-0228

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