Skip To Content

1205 Coastal Highway , #300

DEWEY BEACH, DE 19971
  • $1,150,000
  • STATUS: Closed
  • ON SITE: 102 Days
  • ID#: DESU2015620
Sold - 05/16/2022
$1,150,000
SOLD - 05/16/2022
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:

School Ratings & Info

School District:

Description

Great dual income opportunity in Dewey Beach bayside between Van Dyke and Collins Avenues. Includes commercial property for sale previously used as a restaurant, with a 2 bedroom 2 bath apartment above yielding substantial rental income. Sandwiched between the Rehoboth Bay and the beach, this restaurant location is the perfect spot to attract beach bums and Rehoboth Bay Marina boaters by day and revelers by night, offering indoor and outdoor dining on the deck. Restaurant is being sold as is with all equipment included. The upstairs apartment features open-concept living, a screened porch to enjoy the salt air breezes, with easy access to three enticing water choices: Slip into the pool next door or walk one block to the bay or one block in the other direction to the beach.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-23T10:53:05.733.
www.thedaileygroup.com/homes/125548051
Print Image

1205 Coastal Highway , #300 DEWEY BEACH, DE 19971

  • Price: $1,300,000
  • Status: Closed
  • On Site: 102 Days
  • Updated: 23 min ago
  • ID#: DESU2015620
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Lewes Rehoboth Hundred (31009)
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Great dual income opportunity in Dewey Beach bayside between Van Dyke and Collins Avenues. Includes commercial property for sale previously used as a restaurant, with a 2 bedroom 2 bath apartment above yielding substantial rental income. Sandwiched between the Rehoboth Bay and the beach, this restaurant location is the perfect spot to attract beach bums and Rehoboth Bay Marina boaters by day and revelers by night, offering indoor and outdoor dining on the deck. Restaurant is being sold as is with all equipment included. The upstairs apartment features open-concept living, a screened porch to enjoy the salt air breezes, with easy access to three enticing water choices: Slip into the pool next door or walk one block to the bay or one block in the other direction to the beach.
Exterior Features

Construction Materials Stick Built Garage YN No Parking Features Private Parking Types Other Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2700.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 0.00

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ Wide Doors Assessment Year 2021 Business Type Restaurant/BarOther/General Retail Buyer Financing Conventional Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Propane Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801328095588 Ownership Interest Condominium Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Private Sewer Tax Annual Amount 1100.00 Vacation Rental YN No Water Source Public Zoning Rb2

Listing courtesy of Jack Lingo - Lewes.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-23T10:53:05.733.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801328095588-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801328095588-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_801328095588-2.jpg
Logo
The Dailey Group | Keller Williams Gateway
8015 Corporate Drive, Suite C
Baltimore MD, 21236