$1,900,000

Under Contract

1209 Coastal Hwy #9, Fenwick Island, DE, 19944

6,200

Square feet

0.95

Acres

Excellent opportunity for anyone looking to invest in a prime commercial or mixed-use property in Fenwick Island. With its ocean block location and direct frontage on Coastal Highway, the property offers high visibility and accessibility, making it ideal for a variety of commercial uses. The 2019 remodel has significantly enhanced the building's appeal, with coastal design-inspired finishes and architectural details that are sure to attract tenants or customers. The two levels of office space provide flexibility, whether for a single business or multiple tenants. The ample parking, with 20 private spaces, is a significant asset, particularly in a busy coastal area. For an owner/operator, the possibility of occupying the first floor while renting out other spaces adds an attractive income-generating aspect to the investment. The fact that the property is part of a condominium but does not share in condo fees is another financial advantage. Given the location, design, and features, this property seems well-suited for businesses seeking a prominent presence in Fenwick Island or for investors looking for a property with both immediate use and long-term redevelopment potential.

Listing Details

OfficeRE/MAX Advantage Realty
Contact Info(410) 723-3600

Facts & Features

MLS® # DESU2067732
Price $1,900,000
Bathrooms 0.00
Square Footage 6,200
Acres 0.95
Year Built 9999
Type Commercial Sale
Sub-Type Mixed Use
Status Active Under Contract

Community Information

Address 1209 Coastal Hwy #9
Area Baltimore Hundred (31001)
City Fenwick Island
County SUSSEX-DE
State DE
Zip Code 19944
Senior Community No

Amenities

Parking Handicap Parking, Paved Parking
View Canal, Panoramic, Street
Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Heat Pump(s)
Has Basement No
Fireplace No

Exterior

Exterior Vinyl Siding, Shingle
Roof Architectural Shingle, Pitched

School Information

District INDIAN RIVER

Additional Information

Date Listed August 12th, 2024
Days on Market 23
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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