MLS # DESU2075478
251 rehoboth ave, Rehoboth Beach, DE 19971
$5,990,000
Commercial Sale
Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kio Read More
Built In 1955
Property Summary
Status:
Active
MLS #
DESU2075478
Street Address:
251 Rehoboth Ave
City, State Zip:
Rehoboth Beach, DE 19971
County
Sussex
Type:
Commercial Sale
Price
$5,990,000
Year Built:
1955
Roofing:
Built-Up,Flat
Property Description
Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.Property Details
Property & Interior Info:
Existing Name:
Accessibility:
2+ Access Exits
Items Included:
Heating & Cooling:
Cooling:
Central A/C
Heating:
Forced Air
Utilities:
Water:
Public
Sewer:
Public Sewer
Utilities On Site:
Building & Construction:
Type:
Commercial Sale
Exterior Type:
Roofing:
Built-Up,Flat
OTHER PROPERTY INFO
City:
Rehoboth Beach
Area:
Lewes Rehoboth Hundred (31009)
In City Limits:
Yes
New Construction:
No
Historic Distict:
No
Last Price Change:
06/05/2025 11:11:53
# of Day on Market:
179 Days
Financial Info:
List Price:
$5,990,000
County Tax:
356
Annual HOA Fees:
$0
Annual Condo Fees:
$0
LISTING FIRM
Listing Agent:
Coldwell Banker Realty
Listing Firm Phone:
2147483647
ASK A QUESTION
Call us at 302-344-9002 or use the form below to contact us regarding this property or to request a private showing.