$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.
Google Map of 402 Rehoboth Ave , Rehoboth Beach, DE 19971

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