Dewey Beach, DE 19971,1205 COASTAL HWY #300
Dewey Beach, DE 19971,1205 COASTAL HWY #300
Dewey Beach, DE 19971,1205 COASTAL HWY #300
$1,150,000
Est. payment /mo
$1,300,000
11.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,700 SqFt
SOLD DATE : 05/16/2022

Key Details

Sold Price $1,150,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $425

MLS Listing ID DESU2015620

Sold Date 05/16/22

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $1,100

Tax Year 2021

Lot Dimensions 0.00 x 0.00

Property Description

Great dual income opportunity in Dewey Beach bayside between Van Dyke and Collins Avenues. Includes commercial property for sale previously used as a restaurant, with a 2 bedroom 2 bath apartment above yielding substantial rental income. Sandwiched between the Rehoboth Bay and the beach, this restaurant location is the perfect spot to attract beach bums and Rehoboth Bay Marina boaters by day and revelers by night, offering indoor and outdoor dining on the deck. Restaurant is being sold as is with all equipment included. The upstairs apartment features open-concept living, a screened porch to enjoy the salt air breezes, with easy access to three enticing water choices: Slip into the pool next door or walk one block to the bay or one block in the other direction to the beach.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning RB2

Interior

Hot Water Propane

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 6.0

Water Access N

Accessibility 32\"+ wide Doors

Total Parking Spaces 6

Garage N

Building

Sewer Private Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-23.06-4.00-300

Ownership Condominium

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by JOHN E LINGO, III • Jack Lingo - Lewes
Bought with JOHN E LINGO, III • Jack Lingo - Lewes
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.