WALK TO THE BEACH and boardwalk from this incredible downtown opportunity in Rehoboth Beach! This property delivers an unbeatable mix of location, potential, and seaside charm. Zoned Commercial C-3 within city limits, the property features a 3-bedroom, 2-bath main home alongside a separate apartment, making it an exceptional fit for multi-tenant rental income, professional commercial space, or a mixed-use venture.
In addition to its prime walkable position steps from the dining and boutique shopping of Rehoboth Avenue, the property boasts a rare downtown commodity: off street parking. Key updates include a new roof installed in 2023. Whether you plan to generate immediate rental revenue, establish a thriving business, or execute a new commercial vision, this versatile property offers maximum potential under $2M in one of the East Coast’s top resort destinations.
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Listing Snapshot
Price
$1,900,000
Days On Site
9 Days
Bedrooms
3
Inside Area (SqFt)
1,024 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1920
MLS® Number
DESU2119858
Status
Active
Property Tax
$3,954
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a week ago
Listing first seen on site
General Features
Acres
0.11
Foundation
Block
Levels
Two
Parking
AsphaltDriveway
Parking Spaces
4
Property Sub Type
Single Family Residence
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1024
SqFt Total
1024
Style
CottageCoastal
Water Source
Public
Zoning
TN
Interior Features
Appliances
Electric RangeElectric OvenElectric Water HeaterMicrowaveRefrigerator
Cooling
Window Unit(s)Electric
Flooring
CarpetVinyl
Heating
ElectricBaseboard
Main Level Bedrooms
1
Window Features
Screens
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Exterior Features
Patio And Porch
Porch
Pool Features
None
Roof
Shingle
View
Street
Waterfront Features
Ocean Front
Waterview
Street
Windows/Doors
Screens
Community Features
MLS Area
Lewes Rehoboth Hundred (31009)
School District
CAPE HENLOPEN
Schools
School District
CAPE HENLOPEN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty
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