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251 REHOBOTH AVENUE, REHOBOTH BEACH, DE 19971
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$5,990,000
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Home Details for 251 REHOBOTH AVENUE
Price
$5,990,000
Type
Commercial/Industrial
Year Build
1955
Lot Size
0.44
County
SUSSEX
Tax
$5,866
MLS®️ Listing#
DESU2075478
On exitrealty.com
275 days
Property Description
Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.
- Cooling Information
- Central Air
- Electric
- Heating Information
- Propane
- Forced Air
- Water Features
- Public
- Parking
- Parking Lot
Listing Courtesy: Coldwell Banker Realty - 410-524-6111
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 13:28:14
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$5,990,000
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