LOT SIZE 0.730 acres
MLS#DESU2112272
STATUSACTIVE
PROPERTY TYPELand - Commercial
SCHOOLCAPE HENLOPEN
Property Description
REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach’s most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast’s most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50’ x 100’ are available separately ($1.250M each) creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.
Property Features
Property Type: Land - Commercial
Lot Size: 0.73 Acres
Taxes: $4,182
Feature Descriptions
Days on Site: 5
Location: Downtown
Lot Dimensions: 0.73 Acre(S)
Sewer: Public Sewer
Water: Public
Local Schools
School District: CAPE HENLOPEN
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices PenFed Realty
Agency Phone: 3026456661
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 20,473.78 per month $17,793.40 Principal & Interest $348.50 Property Tax $2,331.88 Homeowner's InsuranceChange Payment Information
330 Rehoboth Avenue | MLS# DESU2112272
This land located at 330 Rehoboth Avenue , Rehoboth Beach, DE 19971 is currently listed for sale with an asking price of $7,995,000. The property has approximately 0.73 Acres. Rehoboth Avenue is located within the CAPE HENLOPEN school district. Search Rehoboth Beach real estate on www.realtymark.net today.