59 Baltimore Ave, Rehoboth Beach, De 19971

List Price $3,600,000

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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, 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.

Essentials

MLS Number
Desu2029054
Community
North Rehoboth
List Price
$3,600,000
Standard Status
Active
Waterfront
N

Location

Address
59 Baltimore Ave, Rehoboth Beach, De
Lot Features
Other

Interior

Heating
Heat Pump - Electric Backup, zoned
Heating Fuel
Electric
Cooling
Central A/c, zoned, multi Units
Hot Water
Electric
Flooring
Carpet, concrete

Interior Features

    Appliances

      Additional Information

      Acres
      0.11
      Year Built
      1980
      New Construction
      N
      Property Type
      Commercial Sale
      County
      Sussex
      Lot Size Dimensions
      50.00 X 100.00
      Sussex DE Quadrants
      East Of Rt 1
      Listing courtesy of Long & Foster Real Estate, Inc..