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38163 Robinsons Drive,  Rehoboth Beach DE, 19971

(Contingent)
$2,350,000
|
|
MLS# DESU2049350
Last Updated: 5/17/2024 12:04 PM
Description for 38163 Robinsons Drive Rehoboth Beach, DE 19971
Incredible investment opportunity in the booming beach town of Rehoboth Beach, Delaware, this +/-.36-acre lot sits on two commercially zoned parcels with great development potential. The 5,600 SF building is currently used as the established and successful restaurant and bar, Just in Thyme, with two 2-bedroom apartments upstairs, both on month-to-month leases and offers parking for 38 cars. With 61 ft of frontage on Coastal Hwy Route 1, the lot has very high visibility year-round and convenient access to both downtown Rehoboth and Dewey Beach. Perfect for an owner/user, developer, investor, or restauranteur, schedule your private tour today!
Price
$2,350,000
SUSSEX
DESU2049350
Contingent
Description
Incredible investment opportunity in the booming beach town of Rehoboth Beach, Delaware, this +/-.36-acre lot sits on two commercially zoned parcels with great development potential. The 5,600 SF building is currently used as the established and successful restaurant and bar, Just in Thyme, with two 2-bedroom apartments upstairs, both on month-to-month leases and offers parking for 38 cars. With 61 ft of frontage on Coastal Hwy Route 1, the lot has very high visibility year-round and convenient access to both downtown Rehoboth and Dewey Beach. Perfect for an owner/user, developer, investor, or restauranteur, schedule your private tour today!
Listing Information
Property Type: Retail, Business Opportunities, 2 Story
0.33 Acres 1970 2
Public
Public Sewer
1 Total
Neighborhood
Room Information
Interior Features
Hardwood, Ceramic Tile, Concrete, Carpet
Central Air, Ceiling Fan(s)
Electric Heating, Heat Pump
Exterior / Lot Features
57 Parking Spaces,
Shingle
139.00 x 77.00
Commercial
Driving Directions
Located on the Northbound corner of Route 1 and Robinsons Drive
Financial Considerations
334-20.09-26.00
$3,061
Listing Price History

Rehoboth Beach Real Estate

Rehoboth Beach is located in Delaware. Rehoboth Beach, Delaware 19971 has a population of 18,368.

The median household income in Rehoboth Beach, Delaware 19971 is $89,987. The median household income for the surrounding county is $67,073 compared to the national median of $66,222. The median age of people living in Rehoboth Beach 19971 is 47 years.

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Courtesy: Compass
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/17/2024 12:04 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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