$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 $125,416 is NNN. Fully leased. All leases triple net. Zoned C-1. 14 parking spaces. Roof replaced 2014, painted 2013, 2 new HVAC units 2012. Corner property - State Road and Rehoboth Avenue. Excellent exposure. Other sale/lease options are possibly available.

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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 Y/N 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 1.48M

Sqr Feet 4,593 Avg 3,293

Cost / Sqr Ft $599 Avg $451

Taxes $3,174 Avg $1,750

Acres 0.32 Avg 0.34

Visits 305 Avg 28

Days on Site 1,211 Avg 318

Walkscore® 70 Avg 57

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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