330 Rehoboth Ave,REHOBOTH BEACH, DE 19971
REHOBOTH BEACH, DE 19971
Description
REHOBOTH AVENUE MEETS POSSIBILITY. A rare opportunity to acquire one of downtown Rehoboth Beach’s most prominent redevelopment sites. Positioned at the highly visible corner of Rehoboth Avenue and State Road, just four blocks from the iconic Rehoboth Beach Boardwalk, this nearly three-quarter-acre parcel sits at the center of one of the East Coast’s most desirable coastal destinations.The primary parcel consists of 0.53 acres of C-1 Commercial-zoned land with substantial frontage along Rehoboth Avenue, offering exceptional visibility and accessibility. A secondary 0.20-acre parcel zoned R-1 Residential provides valuable off-street parking, enhancing the development potential of the site. Whether your vision is a boutique hotel, destination restaurant, mixed-use development, retail center or an entirely unique concept, this property offers the scale, location, and flexibility to bring it to life. For purchasers seeking an even larger footprint, two adjacent residential lots, each slightly larger than 50’ x 100’ are available separately ($1.250M each) creating additional possibilities for expansion and future development. All existing improvements convey in as-is condition. Renovation, repurposing, or removal of the existing structures shall be the responsibility of the purchaser. Opportunities of this size and prominence in downtown Rehoboth Beach are exceptionally rare.
Details
| MLS # | DESU2112272 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 87 |
| Listing Provided By | Berkshire Hathaway HomeServices PenFed Realty | Lee Ann Wilkinson |
Features
| Zoning | TN |
|---|---|
| Acreage | 0.73 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4182 |
|---|
Area Information
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | REHOBOTH BEACH |
| Zip Code | 19971 |
| Area | Lewes Rehoboth Hundred (31009) |
| School District | CAPE HENLOPEN |
| Listing VS Median (in 19971) | |
Price: $7,995,000 low | high Med: $710,000 On site: 87 low | high Med: 35 | |
Market Activity 19971
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Learn More About This Property
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | REHOBOTH BEACH |
| Zip Code | 19971 |
| Area | Lewes Rehoboth Hundred (31009) |
| School District | CAPE HENLOPEN |
| Listing VS Median (in 19971) | |
Price: $7,995,000 low | high Med: $710,000 On site: 87 low | high Med: 35 | |
