Mls Status: ACTIVE
Property Type: Lots and Land
List Price: $1,950,000
List Date: 06-01-2021
Annual Taxes: $1,425
Sewer: Public Sewer
School District: Cape Henlopen
Acceptable Financing: Cash,Conventional
Price Per Square Foot: $7.39
Lot Sq. Feet: 263,974
Map Section: Between Rt 1 & 113
Lot Size Acres: 6.06
Ownership: Fee Simple
Longitude & Latitude: 38.73005949 -75.15056621
Prime commercial opportunity in Rehoboth Beach with B-1 (Neighborhood Business District) zoning. This +/- 6 acre parcel is situated on the highly trafficked Plantations Road (Rd. 275) corridor (20,000 AADT) with great visibility and access to Rt. 1 (Coastal Hwy), Rt 24 (John J Williams Hwy), and Rt. 9 (Lewes Georgetown Hwy). The property is being sold fully approved/unimproved and includes 2 pad sites and an above-market parking ratio of 5.15 per 1,000 SF (255 parking spots total). Pad #1 - 2 story +/- 31,050 SF building and Pad #2 - 2 story +/- 18,400 SF building, totaling 49,450 SF. This central location between Lewes and Rehoboth is a short distance from the Beebe Healthcare Rt. 24 campus that includes the Tunnell Cancer Center and new surgical center. Lewes and Rehoboth Beach are vibrant seaside towns full of modern amenities and the two principle cities in Delaware's rapidly growing Cape Region. Lewes and Rehoboth are very popular year-round vacation destinations and increasingly popular for many retirees relocating to the area.
| MLS Listing #: DESU148306 Asking Price: $1,950,000 Address: TBD PLANTATIONSPLANTATIONS Rehoboth Beach, Sussex, Delaware 19971 |
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Prime commercial opportunity in Rehoboth Beach with B-1 (Neighborhood Business District) zoning. This +/- 6 acre parcel is situated on the highly trafficked Plantations Road (Rd. 275) corridor (20,000 AADT) with great visibility and access to Rt. 1 (Coastal Hwy), Rt 24 (John J Williams Hwy), and Rt. 9 (Lewes Georgetown Hwy). The property is being sold fully approved/unimproved and includes 2 pad sites and an above-market parking ratio of 5.15 per 1,000 SF (255 parking spots total). Pad #1 - 2 story +/- 31,050 SF building and Pad #2 - 2 story +/- 18,400 SF building, totaling 49,450 SF. This central location between Lewes and Rehoboth is a short distance from the Beebe Healthcare Rt. 24 campus that includes the Tunnell Cancer Center and new surgical center. Lewes and Rehoboth Beach are vibrant seaside towns full of modern amenities and the two principle cities in Delaware's rapidly growing Cape Region. Lewes and Rehoboth are very popular year-round vacation destinations and increasingly popular for many retirees relocating to the area.
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