$850,000
$930,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
1502 COASTAL HWY Dewey Beach, DE 19971
3,049 Sqft Lot
Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU179968
Sold Date 03/14/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $649
Tax Year 2021
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 49.00 x 65.00
Property Description
Here is a great opportunity to have your business in the heart of the famous Dewey Beach. Location is perfect and offers the chance for income. Based on the zoning you would be required to have a business operated from the site. Now here is the possibilities. Take the house down and you can build a three story building with a business on the first level ( this is a zoning requirement)and residential on second and third level. Zoning Information is in the documents section. The income potential during the season is very good and this could produce long term income as a destination location at the beach. Now if you just want it for your personal use you still need to follow town codes as they relate to a business. Call today for details.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Interior
Hot Water Electric
Heating None
Cooling Other
Heat Source None
Exterior
Garage Spaces 5.0
Water Access N
Roof Type Asphalt
Street Surface Paved
Accessibility 2+ Access Exits
Road Frontage State
Total Parking Spaces 5
Garage N
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-20.18-227.00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with William R Ganc • Ganc Commercial Realty