200 Rehoboth Avenue, Rehoboth Beach, DE, 19971
200 Rehoboth Avenue Rehoboth Beach, DE 19971
Prime corner and highly desired commercial location at the intersection of Rehoboth Avenue and 2nd Street! Just 2 blocks from the beach and directly across from the new Coastal Hotel (extension of Hilton), this premier commercial space consists of 4 retail units that generate approximately $125,000 of revenue annually. Numerous recent upgrades were completed in 2020 and include new floors, interior walls, lighting, entrance doors, ADA bathroom, two new A/C units, and a new heat pump. In 2021 three new hot water heaters were installed. In 2022, two furnaces were replaced with high-efficiency units. Unit A (Charmed City Run) has exclusive use of the rear door, parking space, and attic for storage. Unit B (Gel Z Art) includes 2 large windows on Second Street, a back room, and half bath. Unit C (204 Rehoboth Ave - Into the Mystic) includes a small storage closet and half bath. Unit D (Coastal Hobo) includes a rear access door and a 4,000 SF basement with high ceilings for storage. Excellent investment opportunity!
| 5 days ago | Listing updated with changes from the MLS | |
| 3 months ago | Status changed to Active Under Contract | |
| 6 months ago | Price changed to $2,495,000 | |
| 8 months ago | Listing first seen online |
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