$3,600,000

59 Baltimore Ave, Rehoboth Beach, DE, 19971

4,185

Square feet

0.11

Acres

Just listing, a Prime Commercial location on Baltimore Avenue and 2nd Street, ideally located two blocks from the Rehoboth Beach boardwalk, ocean, Rehoboth Avenue, the bandstand, and restaurants. Owner is semi-retiring and has successfully occupied this store for 35 years. The property consists of a 4187 sq. ft. renown retail establishment on 59 Baltimore Ave that can be divided up to 7 rentable units, just across the street from the new Hyatt under construction, and the municipal parking lot. Entrances, electric meters, and plumbing already exists for additional bathrooms and division. It is zoned C-3, Tier 3 and the permitted uses include, but are not limited to retail, bar, restaurant, caf-sandwich shop, self-service coin-op laundry, utility office, laboratory, and printing. It is also expandable, by adding a second and third floor as long as the total finished square footage is less than 10,000 sq. ft.. Any changes to the current configuration is subject to plans being submitted and approvals from the city. Rehoboth Beach has been long known as the Nation's Summer Capital but now is a year-round destination and is only a few hours away from both Philadelphia, Washington, D.C. and their surrounding areas, and is Delaware’s largest beach resort. Call for an appointment today.

Facts & Features

MLS® # DESU2029054
Price $3,600,000
Bathrooms 0.00
Square Footage 4,185
Acres 0.11
Year Built 1980
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 59 Baltimore Ave
Area Lewes Rehoboth Hundred (31009)
Subdivision NORTH REHOBOTH
City Rehoboth Beach
County SUSSEX-DE
State DE
Zip Code 19971

Amenities

Utilities Cable TV, Phone
Parking PublPark
View Street
Is Waterfront No

Interior

Heating Heat Pump - Electric BackUp, Zoned
Cooling Central A/C, Zoned, Multi Units
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Block
Lot Description Other
Roof Flat
Foundation Slab

School Information

District CAPE HENLOPEN

Additional Information

Date Listed September 15th, 2022
Days on Market 17
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLong & Foster Real Estate, Inc.

Listing Map

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