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$2,700,000
132 Days On Site

18289 Coastal Highway
Lewes, DE 19958

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
9,012
SqFt
$300
/SqFt
2007
Built
County:
SUSSEX
Listing courtesy of SVN/Miller Commercial Real Estate

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18289 Coastal Highway18289 Coastal Highway18289 Coastal Highway18289 Coastal Highway
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Exciting Investment Opportunity in Lewes, Delaware's Premier Tourist Hub! Located along the bustling Coastal Highway, this prime property offers an exceptional investment prospect in the heart of Lewes, Delaware's most popular tourist area. Comprising two buildings, each with established ground-floor tenants, this offering provides an enticing opportunity for additional rental income from their vacant second floors. The first building boasts a thriving restaurant, already a beloved destination for locals and tourists alike, complete with hardwood flooring, updated bathrooms and fixtures, and an expansive covered porch eating area connecting the spacious kitchen with guest dining areas. Furthermore, its upper floors present an untapped resource: customizable office and storage spaces, poised to generate even greater revenue. The second building features a long-standing salon on the ground floor, ensuring stable rental income. Upstairs, an inviting blank canvas awaits, with potential for conversion into either a lucrative residential rental or versatile office space. Complete with an eat-in kitchen, full bath, two spacious rooms adaptable as bedrooms or private offices, and a breathtaking panoramic view of the surrounding area, this space is primed for success. Plus, its private rear entrance adds a touch of exclusivity and convenience. Don't miss out on this unparalleled opportunity to invest in Lewes, Delaware's dynamic tourist landscape. Act today to seize this chance to diversify your portfolio and unlock the full potential of this remarkable property! **Please DO NOT visit property without scheduling an appointment with licensed agent.**

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Listing Snapshot
Price 
$2,700,000
Days On Site 
132 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,012 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9 Acres
Year Built 
2007
MLS® Number 
DESU2066430
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoPrice changed to $2,700,000
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.9
Parking Spaces 
20
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
9012
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
Lewes Rehoboth Hundred (31009)
Listing courtesy of SVN/Miller Commercial Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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