18282 Coastal Highway, Lewes, DE, 19958

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$2,200,000
156 Days Online

18282 Coastal Highway
Lewes, DE 19958

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1980
Built
County:
Sussex
Call Now: 717-991-5470
Is this the home for you? We can help make it yours.
717-991-5470
18282 Coastal Highway18282 Coastal Highway18282 Coastal Highway18282 Coastal Highway
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REDEVELOPMENT OR HOSPITALITY EXPANSION OPPORTUNITY! The Driftwood Motel is situated on the busy Route 1 corridor in Lewes, DE. The motel features 9 rooms that are rented on a weekly basis and remain consistently full. Gross rental income for 2021 was in excess of $211,000. The owner is currently limiting rentals to only full weeks. Additional income is likely available to an operator offering shorter term stays. The property is two parcels for a combined 1.45 acres boasting the coveted C1 commercial zoning. The motel is on public utilities. There is a residence towards the rear of the property that has been well maintained. There is currently no income on the home as the operator spends weekends there. This property is a great value add opportunity for a hotel/motel operator or as a redevelopment play along one of the busiest corridors in the state of Delaware. Showings available by appointment only with qualified buyer.

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Listing Snapshot
Price 
$2,200,000
Days Online 
156 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.45 Acres
Year Built 
1980
MLS Number 
DESU2013510
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS
a month agoStatus changed to Pending
a month agoPrice changed to $2,200,000
5 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Construction Materials 
FrameMixed
Zoning 
C1
Interior Features
Heating 
Baseboard - Electric
Cooling 
Central A/C
Central Air 
Yes
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Community Features
Accessibility Features 
None
Listing courtesy of SVN/Miller Commercial Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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