330 Rehoboth Avenue, Rehoboth Beach, DE 19971

USD 7,995,000
For Sale MLS: DESU2113796

Property Details

Description

REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach's most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast's most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50' x 100' are available separately ($1.250M each), creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.

PROPERTY DETAILS: Square Feet: 073

INTERIOR FEATURES: • Flooring: Concrete, Carpet • Cooling: Central Air • Heating: Electric Heating, Heat Pump

EXTERIOR FEATURES: • Parking: Paved, Parking Lot. • Exterior: Asbestos, Frame • Roof: Shingle • Zoning: C1 • Structural Condition: Fixer

LISTING AGENT: Agent: Lee Ann Wilkinson | Office: Berkshire Hathaway HomeServices PenFed Realty | Phone: 3026456664 | Email: [email protected]

LISTING INFORMATION: MLS#: DESU2113796 | Status: FOR SALE

Location

Address

330 Rehoboth Avenue

City

Rehoboth Beach

Features and Finishes

Interior Features:

• Flooring: Concrete, Carpet

• Cooling: Central Air

• Heating: Electric Heating, Heat Pump

Exterior Features:

• Parking: Paved, Parking Lot.

• Exterior: Asbestos, Frame

• Roof: Shingle

• Zoning: C1

• Structural Condition: Fixer

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