200 Rehoboth Ave, Rehoboth Beach, De 19971 $2,495,000
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!
Contact Ryan Haley
Broker, Realtor