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45 Lake Avenue, Rehoboth Beach, DE

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45 Lake Avenue

Rehoboth Beach, DE 19971-2107 - Sussex County Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:-
Building Size:4,536 SF Land Area:.13 AC (5,663 SF)
For Sale Price:$1,195,000 Price/SF:$263.45
Cap Rate:-

Sale Notes:
Two (2) buildings, individual metered, zoned C-3. Could be used for all retail or retail and two residential rental units. Off street parking (limited). Delivered as a vanilla box, no warranties expressed on HVAC. Good return on investment. Square footage- Main; 3,232 first and second level and 1,374 basement. 45 1/2 Lake; 1,304 SF, two floors. Financial projections available.
The property is located on Lake Avenue, approximately 3 miles east of Route 1. Route 1 is the major traffic artery through the Delaware Beaches. In addition, the property is located just one block north of the main downtown area.

Keller Williams Commercial
William Lucks
(302) 703-0377

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