511 N Boardwalk - Hospitality CONDO FOR SALE


Rehoboth Beach, DE 19971
$4,000,000 USD
239-307-8332
511 N Boardwalk, Rehoboth Beach, DE for Sale
$4,000,000 USD
Hospitality CONDO - FOR SALE
1/50
null | Request Cap Rate

511 N Boardwalk
Rehoboth Beach, DE 19971


HIGHLIGHTS

  • Oceanfront Workspaces
  • On Rehoboth Beach Boardwalk

OVERVIEW

CoWork Reho is America's first and only direct oceanfront CoWorking space, which offers a unique chance to own a thriving commercial asset in one of the East Coast's most desirable beach towns. 180' of ocean frontage strategically located at the North end of the Rehoboth Beach Boardwalk, you are steps from the ocean and the pristine downtown. 23 private enclosed workspaces and 36 communal seats. This sale also features an additional business opportunity in the form of a designated cafe space and access to the large oceanfront patio for oceanfront dining! This meticulously curated space taps into the growing demand for flexible workspace environments. With a strong year-round population and seasonal interest from remote professionals, business owners and creative minds, this presents the perfect opportunity to grow the already steady income and long term appreciation of a high demand market. The growth for this operation is endless!

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$585 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CoWork Reho

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

6,840 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

c-2

APN/PARCEL ID

334-14.14-8.00-C-2A,334-14.14-8.00-C-2B,334-14.14-8.00-C-2C,334-14.14-8.00-C-2D,334-14.14-8.00-C-2E,334-14.14-8.00-C-2F,334-14.14-8.00-C-E

ASK ABOUT THIS PROPERTY

Jared BowersCowork RehoMore Info
239-307-8332

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Jared BowersCowork RehoMore Info
239-307-8332

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