Rehoboth Beach DE Real Estate & Commercial for Sale

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.

Rt-1 Road frontage zoned C-3 Commercial, town code property, 80-foot highway frontage, 150 feet deep; .27 acres adjacent to the Rehoboth Auto Repair shop. 2023 AADT was 38,970. 1687s/f heated space and a total of 2489s/f including basement. Good opportunity for a supply store, attorney or realty office, medical clinic, art studio, retail business, bike shop, or other business venture. Property being sold for the value of the Commercial land with direct highway frontage. Multiple office spaces, full kitchen, mud room, 2-season room, full basement, 2-car garage. Easy on and off. Sold as-is. Dwelling was recently leased as a residence. Purchaser is advised rooms are virtually staged for visualization.

Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.