38967 Willow Ln - Office/Residential FOR SALE


Fenwick Island, DE 19944
$1,229,000 USD
410-603-5050
38967 Willow Ln, Fenwick Island, DE for Sale
$1,229,000 USD
Office/Residential - FOR SALE
1/48
null | Request Cap Rate

38967 Willow Ln
Fenwick Island, DE 19944


HIGHLIGHTS

  • Business Use: Apartment Building, Bed and Breakfast, Day Care Facility, Hair Salon and Spa, Medical, Other, Other/General Retail, Professional.

OVERVIEW

This prime mixed-use property is located on the highly trafficked Route 54 corridor, just one mile from both Fenwick Island Beach and Ocean City Beach. Zoned C-1/ and Residential for commercial use, it offers outstanding visibility and signage opportunities, making it ideal for a variety of business ventures. The location provides the perfect balance between residential comfort and commercial potential, with easy access to coastal attractions. The property includes a private side entrance that leads to a dedicated office space, ideal for use as a professional office without disrupting the main living area. On the second floor, a separate entrance provides access to a potential apartment, which could serve as an income-producing rental or a private guest suite. The first floor features a spacious family room, a primary bedroom with an en suite bathroom, a fully equipped kitchen, and a bright sunroom, offering flexibility for a live/work lifestyle or even a charming bed and breakfast setup. This property is well-suited for a wide range of uses, including a doctor’s or dentist’s office, real estate agency, salon, boutique business, or short-term rental. Its flexible layout and zoning, combined with a premium location near the beaches, make this a rare and valuable opportunity with nearly endless potential one mile from the busy beach towns.

FOR SALE DETAILS

PRICE

$1,229,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,844 SF

ZONING

C-1

APN/PARCEL ID

134-23.20-67.00

ASK ABOUT THIS PROPERTY

Nancy ReitherColdwell Banker Residential BrokerageMore Info
410-603-5050

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Nancy ReitherColdwell Banker Residential BrokerageMore Info
410-603-5050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.