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20902 Coastal Highway

REHOBOTH BEACH, DE 19971
  • $3,250,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: DESU2074058
UPDATED: 77 min ago
$3,250,000
  • 0
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2000
County:

School Ratings & Info

School District:

Description

Exceptional Investment Opportunity in Rehoboth Beach! " 36-Room Motel with High Occupancy Potential! This 36-room, pet-friendly motel sits on a prime location with 300 feet of C-1 road frontage along Route 1, giving it unparalleled visibility and access for travelers heading to the beach and nearby attractions. Located in one of the East Coast's most popular beach destinations, this motel attracts a steady stream of visitors, from beach-goers to business travelers, ensuring year-round occupancy.Each guest room is designed for comfort and convenience, with essential amenities and a welcoming atmosphere for both guests and their pets"a unique feature that appeals to todays pet-loving travelers. The property and rooms have been recently remodeled making this a low-maintenance, turnkey operation.With its ideal location, strong curb appeal, and pet-friendly policy, this Rehoboth Beach property offers excellent revenue potential with room to grow and is an ideal acquisition for investors looking to expand their portfolio in the hospitality sector.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Maryland & Delaware Group of EXP. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T07:51:03.42.
www.easternshorehomesolutions.com/homes/157856439
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20902 Coastal Highway REHOBOTH BEACH, DE 19971

  • Price: $3,250,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 77 min ago
  • ID#: DESU2074058
0
Beds
0
Baths
0
½ Baths
0.68
Acres
2000
Built
Neighborhood:
Poynters Addition
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Exceptional Investment Opportunity in Rehoboth Beach! " 36-Room Motel with High Occupancy Potential! This 36-room, pet-friendly motel sits on a prime location with 300 feet of C-1 road frontage along Route 1, giving it unparalleled visibility and access for travelers heading to the beach and nearby attractions. Located in one of the East Coast's most popular beach destinations, this motel attracts a steady stream of visitors, from beach-goers to business travelers, ensuring year-round occupancy.Each guest room is designed for comfort and convenience, with essential amenities and a welcoming atmosphere for both guests and their pets"a unique feature that appeals to todays pet-loving travelers. The property and rooms have been recently remodeled making this a low-maintenance, turnkey operation.With its ideal location, strong curb appeal, and pet-friendly policy, this Rehoboth Beach property offers excellent revenue potential with room to grow and is an ideal acquisition for investors looking to expand their portfolio in the hospitality sector.
Exterior Features

Construction Materials DryvitConcrete Garage YN No Location Type Free Standing Parking Types Parking Lot Road Surface Type US Highway/Interstate Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Heat Pump(s) Heating Heat Pump(s) Heating YN Yes Net Square Feet 10899.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Electric 220 Volts Heating Fuel Electric Historic YN No Hot Water Tankless Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 803474598062 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 12672.00 Vacation Rental YN No Water Source Public Zoning C-1

Listing courtesy of Monument Sotheby's International Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Maryland & Delaware Group of EXP. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T07:51:03.42.
 
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The Maryland & Delaware Group of EXP
107 Williamsport Circle
Salisbury MD, 21804