$1,900,000
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
Office | RE/MAX Advantage Realty |
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Contact Info | (410) 723-3600 |
Facts & Features
MLS® # | DESU2067732 |
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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 |
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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 |
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Days on Market | 23 |
Zoning | TN |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |