$2,450,000
1,436 days on the market
- Do Not Use Do Not Use blocks to the water!
402 Rehoboth Ave Rehoboth Beach, DE 19971
South Rehoboth Commercial/Industrial Property built in 1974
- 4,593 SqFt
- 10,422 SqFt Lot
- $2,450,000
Agent Description
Location, location. Property located on corner of Rehoboth Avenue & State Road. Excellent exposure for offices. 14 shared parking spaces. Buy and you can use 1,262 sq, ft. of office space yourself or lease out. Zoned C-1. Rigby Restaurant has renewed lease to 2023 (w/annual increases). 2018 they pay $64,927 NNN. Roof replaced 2014; painted 2013; 2 new HVAC units in 2012. See attachments for survey, office floor plan and options.Pricing and Costs
-
- Price:
- $2,450,000
-
- City Taxes:
- $806
-
- County Taxes:
- $2,368
-
- Ownership:
- Fee Simple
Property Information
-
- MLS Number:
- 613250
-
- Total Sqft:
- 4,593
-
- Year Built:
- 1974
-
- Type:
- Commercial Improved
-
- Subtype:
- Commercial/Industrial
Listing Details
-
- Listing Office:
- MANN & SONS INC
-
- Date Listed:
- May 07, 2014
-
- Days on Market:
- 1436
Location Information
-
- Address:
- 402 REHOBOTH AVE
-
- City:
- Rehoboth Beach
-
- State:
- DE
-
- Zip Code:
- 19971
-
- Subdivision:
- South Rehoboth
Interior
-
- Heating:
- Forced Air, Heat Pump(s)
-
- Cooling:
- Heat Pump(s)
Exterior
-
- Roof:
- Shingle-Asphalt
-
- Exterior Type:
- Composition, Wood
Amenities
School Information
This listing appears courtesy of the SCAOR MLS and Mann & Sons Inc.
Data displayed here has not been verified by
Ocean Atlantic Sotheby's Intl Realty.