1204 Coastal Highway, Fenwick Island, DE 19944 - Photo 1

1/1

$2,375,000

Sold
Closed
Retail

1/1

Property Description

RARE OPPORTUNITY for commercial-zoned property in the heart of Fenwick Island, DE. Strip mall fully-leased with multiple long-term tenants. Improvements built on 1202 and 1204 Coastal Hwy, with a combined 150' x 150' lot size and 2 entrances. Unique location situated with canal directly behind building for a peek of the water from ground level. Could maintain current-use or potential to redevelop in the future as mixed-use or residential units with water views. Contact agent for more information.

Full Property Details

Full Property Details for 1204 Coastal Hwy

General

Sold For: $2,375,000
Taxes: $2,826 (2024)
Status: Closed
Type: Retail
Source: BrightMLSMidAtlantic
MLS ID: DESU2085744
Added to Site: 256 day(s) ago

Business

Business Type: Restaurant/Bar, Other/General Retail

Interior

Flooring: Concrete

Parking

Total Spaces: 16
Parking Features: Private
Parking Type: Parking Lot

Location

Area: Baltimore Hundred (31001)
County: Sussex
Driving Directions: Between Farmington & Georgetown St, bayside
Traffic Count: 10000-14999
Location Details: Highway
City Limits: Yes

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Central, Forced Air
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electric Available, Sewer Available, Water Available

Structural Information

Construction: Other, Brick, Block, Aluminum Siding, Cedar
Roof: Flat
Stories/Levels: 0
Year Built: 1977
Year Built Source: Estimated
Property Condition: Very Good

Unit Information

# Tenants: Multiple

Lot Features

Property View: Canal, Street, Water
Lot Size (Acres): 0.34
Lot Size (Sq. Ft.): 14,810
Lot Size Source: Assessor
Lot Dimensions: 150.00 x 150.00
Frontage Feet: 150
Street/Road Desc.: Black Top
Zoning: COMMERCIAL

Water Features

Water View: Yes

Financial Considerations

Price Per Sq. Ft.: $372.13
Assessment Year: 2024
School Tax: $2,522
County Tax: $304
County Tax Freq: Annually
Tax Amount: $2,826
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes

Listed by Northrop Realty, Tom Ruch
Sold by Bennett Realty, DURWOOD BENNETT

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Listing agent

— 1204 Coastal Hwy —

Tom Ruch

Northrop Realty

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Schools

Schools serving 1204 Coastal Hwy

School District:Indian River School District

Name	Grades	Distance
Showell (Phillip C.) Elementary School 41 Bethany Road, Selbyville, DE 19975	PK-5	8.8 mi
Selbyville Middle School 80 Bethany Road, Selbyville, DE 19975	6-8	8.5 mi
Indian River High School, Dagsboro, DE 29772 Armory Road, Dagsboro, DE 19945	8-12	11.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1204 Coastal Hwy

Date

Details

Price

Change

Source

9/02/2025

Sold

$2,375,000

-0.84%

MLS

5/07/2025

Listed

$2,395,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Condo
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,265
Sq. Ft.

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Just Listed

$1,175,000

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Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,654
Sq. Ft.

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Just Listed

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Updated 2 days ago

3
Beds
2
Total Baths
1,669
Sq. Ft.

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Just Listed

$124,900

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Mobile Home
Active
Updated 2 days ago

3
Beds
2
Total Baths
924
Sq. Ft.

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Price Reduced

-$55,000 (-2.97%)

$1,795,000

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Single Family
Active
Updated 1 day ago

4
Beds
5
Total Baths
2,200
Sq. Ft.

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Price Reduced

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Single Family
Active
Updated 6 days ago

5
Beds
3
Total Baths
3,000
Sq. Ft.

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Price Reduced

-$10,100 (-2.08%)

$474,900

39346 Racquet Ln #8504 Bethany Beach, DE 19930

Condo
Active
Updated 12 hours ago

2
Beds
2
Total Baths
950
Sq. Ft.

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Price Reduced

-$10,000 (-1.89%)

$519,900

39346 Racquet Ln #8502 Bethany Beach, DE 19930

Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
950
Sq. Ft.

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Sold

$2,322,500

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Single Family
Closed

5
Beds
4
Total Baths
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Sq. Ft.

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Sold

$2,710,000

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Single Family
Closed

5
Beds
3
Total Baths
3,000
Sq. Ft.

Listed and Sold by John Kleinstuber and Assoc Inc, JOHN KLEINSTUBER

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Sold

$2,200,000

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Single Family
Closed
Updated 4 days ago

6
Beds
6
Total Baths
3,000
Sq. Ft.

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Sold

$2,499,000

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Single Family
Closed

5
Beds
5
Total Baths
2,885
Sq. Ft.

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1204 Coastal Highway, Fenwick Island, DE 19944 (MLS# DESU2085744) is a Retail property that was sold at $2,375,000 on September 02, 2025. Want to learn more about 1204 Coastal Highway? Do you have questions about finding other Retail real estate for sale in Fenwick Island? You can browse all Fenwick Island real estate or contact a Coldwell Banker agent to request more information.

1204 Coastal Hwy Fenwick Island, DE 19944