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402 Rehoboth Avenue - Barrister Building, Rehoboth Beach, DE

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402 Rehoboth Avenue - Barrister Building

Rehoboth Beach, DE 19971-3113 - Sussex County Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1974
Stories:1 Typical Floor:4,593 SF Building Size:4,593 SF
For Sale Price:$2,750,000 Price/SF:$598.74
Cap Rate:-
Parking:14 Surface spaces are available; Ratio of 3.04/1,000 SF

Sale Notes:
One story building on the corner of Rehoboth Avenue and State Road. Fully leased, NNN. Main Street location. For future potential City will allow a building area of 20,844 sq .ft. (2.0 FAR); Max building height 42 feet. If a buyer wishes to build up, with City approval it is possible that 2 condo apartments can be built on the second level.

Property is fronting on both Rehoboth Avenue and State Road

Mann & Sons, Inc.
Charles Renschler
(302) 227-9477 x627

Suzanne Truitt
(302) 227-9477

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