1 Virginia Avenue, Rehoboth Beach, DE 19971

$1,200,000

Use Arrow Keys to Navigate Photos
Swipe for Photos
Share this Property!






Quick Links


$1,200,000

Coms
Active
Built in 1974
MLS # DESU2077840

1 Virginia Avenue

Rehoboth Beach, DE 19971

Description

Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.

Details

  • County: SUSSEX
  • Lot Dimensions: 0.00 x 0.00
  • Taxes: $3, 808
  • County Tax: $311
  • City Tax: $3, 808

Description

Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.

Details

  • County: SUSSEX
  • Lot Dimensions: 0.00 x 0.00
  • Taxes: $3,808
  • County Tax: $311
  • City Tax: $3,808

FREE home evaluation

Request a FREE home evaluation

Our expert valuers carry out thousands of valuations every month, giving us intimate and unparalleled knowledge of the property values in your area. Enter your details below and a member of our team will be in touch to arrange your free valuation.



Ken Phipps Facebook Ken Phipps Twitter Ken Phipps LinkedIn
Top