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402 REHOBOTH AVENUE
Rehoboth Beach, DE 19971

$2,450,000 
  • -- Beds
  • 0/0 Baths
  • 4,593 sqft
  • Commercial | Industrial
  • Active
402 REHOBOTH AVENUE, Rehoboth Beach - 2147012
402 REHOBOTH AVENUE, Rehoboth Beach - 2147013
402 REHOBOTH AVENUE, Rehoboth Beach - 2147014
402 REHOBOTH AVENUE, Rehoboth Beach - 2147015
402 REHOBOTH AVENUE, Rehoboth Beach - 2147016
402 REHOBOTH AVENUE, Rehoboth Beach - 2147017
402 REHOBOTH AVENUE, Rehoboth Beach - 2147018
402 REHOBOTH AVENUE, Rehoboth Beach - 2147019
402 REHOBOTH AVENUE, Rehoboth Beach - 2147020
402 REHOBOTH AVENUE, Rehoboth Beach - 2147021
402 REHOBOTH AVENUE, Rehoboth Beach - 2147022
402 REHOBOTH AVENUE, Rehoboth Beach - 2147023
402 REHOBOTH AVENUE, Rehoboth Beach - 2147024
402 REHOBOTH AVENUE, Rehoboth Beach - 2147025
402 REHOBOTH AVENUE, Rehoboth Beach - 2147026
402 REHOBOTH AVENUE, Rehoboth Beach - 2147027

Property Description for 402 REHOBOTH AVENUE, Rehoboth Beach DE 19971

Location, location! One story office building on the corner of Rehoboth Ave and Sate Road with excellent exposure. Zoned C-1 Commercial. "Rigby's Restaurant- 2643 Sq. Ft. + 758 Sq. Ft. Patio Area has a renewed lease to 2023 (w/annual increase). They pay $64,927 NNN in 2018. Lawson Firm- 688 sq. ft. Triple net leasing income is $64,927. Roof replaced in 2014; Painted 2013; 2 HVAC units new in 2012. For FUTURE POTENTIAL if you wish to re-build, the City will allow a building area of 20,844 (2.0FAR). Maximum building height is 42 ft. Property is fronting on both Rehoboth Avenue and State Road.

  • Property Class: Commercial Sale
  • Listing Status: Active
  • City: Rehoboth Beach
  • State: DE
  • Zip: 19971
  • Area: Lewes Rehoboth Hundred (31009)
  • County: Sussex
  • Class: Commercial
  • Property Subtype: Industrial
  • Approx Lot Size: 0.320
  • Baths (F/H): 0/0
  • Baths Partial: 0
  • Living Area (SqFt): 4,593 sqft
  • Lot Sq Ft Apx: 10422.00
  • Year Built: 1974
  • Listing#: 1001565104
  • Parcel Number: 5194701
  • List Date: 5/7/2014
  • Last updated on: 8/14/2018

Property Features for 402 REHOBOTH AVENUE, Rehoboth Beach DE 19971

  • Cooling: Heat Pump(S)
  • Disability Features: Mobility Improvements, Ramp - Main Level
  • Energy Information: Circuit Breakers
  • Heating: Forced Air, Heat Pump(S)
  • Security Features: Security System, Smoke Detector
  • Utilities Sewer: Public Sewer
  • Utilities Water: Public
  • Year Built: 1974
  • Zoning: C1
  • Construction Material: Composition, Wood Siding
  • Roof: Shingle,Asphalt
  • Present Use: Office

Additional Information for 402 REHOBOTH AVENUE, Rehoboth Beach DE 19971

  • Boat Dock Y/ N: No
  • Gross Building Area: 4593.00
  • Heating Fuel: Electric
  • Net Income: 64927.00
  • Office Area: 4593
  • Roof: Shingle,Asphalt
  • Subdivision: South Rehoboth
Courtesy of MANN & SONS INC
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The data relating to real estate for sale on this website comes in part from the IDX Program of Bright MLS, Inc. Last updated: {lastModTS}. Information deemed reliable but not guaranteed. IDX information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2018, Bright MLS, Inc.