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Ideal 1031 property being offered on SB Coastal Hwy, for under $2.4mm. Own this C-1 property that allows for redevelopment to residential units w/County approvals. Rarely offered 1.45 acres of premium Route One commercial lands. Between Lewes Beach and Rehoboth Beach, perfectly situated on the SB lanes, just past the WaWa. Property offering includes Parcel 492. Included are 9 fully equipped rental cottages along with a single family home of approximately 2500 sf.
| DAYS ON MARKET | 3 | LAST UPDATED | 12/27/2025 |
|---|---|---|---|
| YEAR BUILT | 1980 | COMMUNITY | Lewes Rehoboth Hundred (31009) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CAPE HENLOPEN |
|---|---|
| Jr. High School | BEACON |
| High School | CAPE HENLOPEN |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Lewes Rehoboth Hundred (31009) |
| CONSTRUCTION | Frame |
| HEAT | Central, Electric, Forced Air |
| LOT | 1.45 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Level |
| LOT DIMENSIONS | 106 x |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 2788 |
| WATER | Public |
| ZONING | Commercial zoning that allows residential as well provided that central utilities are available. |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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