511 N Boardwalk - Hospitality CONDO FOR SALE


Rehoboth Beach, DE 19971
$4,000,000 USD
561-941-0667
511 N Boardwalk, Rehoboth Beach, DE for Sale
$4,000,000 USD
Hospitality CONDO - FOR SALE
1/29
null | Request Cap Rate

511 N Boardwalk
Rehoboth Beach, DE 19971


HIGHLIGHTS

  • Oceanfront Workspaces
  • On Rehoboth Beach Boardwalk

OVERVIEW

Prime purchase opportunity in Rehoboth Beach! CoWork Reho is America's first and only 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. Strategically located at the North end of the Rehoboth Beach Boardwalk, you are steps from the ocean and the pristine downtown. 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 TYPE

Hospitality

TOTAL BUILDING SIZE

412,580 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,177 SF

ZONING

c-2

APN/PARCEL ID

334-14.14-7.00-201,334-14.14-8.00,334-14.14-9.00-B

ASK ABOUT THIS PROPERTY

Jared BowersCowork RehoMore Info
561-941-0667

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Jared BowersCowork RehoMore Info
561-941-0667

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