$2,750,000 402 Rehoboth Ave Rehoboth Beach, DE

MLS: 613250   Type: Commercial   County: Sussex   City: Rehoboth Beach   Area: Dewey To Lewes East Of Canal   Neighborhood: South Rehoboth   Zip: 19971   Style: Freestanding     Taxes: $3,174

Mortgage $12,911 /mo



Half Baths

Sqr Footage









Location, location! Corner Rehoboth Avenue and State Road. Rental Income $121,668 is NNN. Fully leased. All leases triple net. Zoned C-1. 14 parking spaces. Roof replaced 2014, painted 2013, 2 new HVAC units 2012.

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Price History

7/3/2015 Listed $2,995,000
8/30/2017 9% - $2,750,000

Accessibility Handicap Access, Ramp Main Level
Area 0.32
Blocks To Ocean Do Not Use
Business Name Barrister Building
Commercial Building Name Barrister Building
Condo Ownership Yn No
Current Building Use Office, Restaurant
Financing Cash, Conventional
Land Options Included
Listing Sub Type N/A
Ownership Fee Simple
Property Sub Type Commercial/Industrial
Property Type Commercial Improved
Section East Of Rt. 1
Subdivision South Rehoboth
Zoning Features C1, Town

Interior Features

Cooling System Heat Pump(s)
Flooring Carpet
Heating Forced Air, Heat Pump(s)
Office Sq Ft 4593
Security And Fire Security System, Smoke Alarm
Utilities On Site Electric On Site

Exterior Features

Building Type Freestanding
Exterior Type Composition, Wood
Lot Size Area 0.32
Lot Size Unit Acres
Lot Sq Ft 10422
Road Access City
Roofing Shingle-Asphalt
Sewer Sewer-Public Central
Water Water-Public Central

Property Schools

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Gallery (16 photos)

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Property vs Zip Code Avg (19971)

Price 2.75M Avg 1.54M

Sqr Feet 4,593 Avg 3,317

Cost / Sqr Ft $599 Avg $466

Taxes $3,174 Avg $2,118

Acres 0.32 Avg 0.29

Visits 285 Avg 31

Days on Site 1,140 Avg 271

Walkscore® 70 Avg 63

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Listing Provided Courtesy Of: MANN & SONS INC

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Location & Address

eXp Realty Delaware
State Broker of Record is located at 144 Kings Hwy, Suite 301, Dover, DE 19
Dover, DE