1 Virginia Ave, Rehoboth Beach, De 19971
$1,200,000 Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.
Contact Jack Lingo
Essentials
MLS Number
Desu2077840
List Price
$1,200,000
Standard Status
Active
Year Built
1974
New Construction
N
Property Type
Commercial Sale
Waterfront
Y
Location
Address
1 Virginia Ave, Rehoboth Beach, De
Interior
Heating
Zoned, heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/c, ceiling Fan(s), heat Pump(s)
Hot Water
Electric
Flooring
Carpet, concrete, tile/brick
Interior Features
Appliances
Additional Information
Listing courtesy of Cape Realty.