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$1,800,000
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Property Description
RARE COMMERCIAL OPPORTUNITY. Historic storefront located on 2nd Street in the heart of much coveted downtown Lewes! Both quintessential and well-maintained, the exterior and interior design - although updated retains much of its original aesthetic. The first-floor space is outfitted with beautifully restored mercantile shelving from yesteryear and currently is leased as a successful boutique offering women's lifestyle clothing. It offers a large retail space, storage, restroom. The second level, with private front and rear entrances, are currently being leased as office space for two local and well-established Lewes community non-profit organizations. This level offers separate office spaces, storage and a restrooms. Current leases are in place and available for review. The second level also has opportunity for additional use and income if the space were to be converted for either short-term or long-term residential rental space. The street to street parcel has 6 LP parking spaces, and a separate 18x 30 storage building. This investment and business opportunity, located at 114 2nd Street, will not last long - so call today to schedule your own private showing!
Full Property Details
Full Property Details for 114 2nd St
General
- Sold For: $1,800,000
- Taxes: $852 (2024)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2083360
- Added to Site: 281 day(s) ago
Business
- Business Type: Other/General Retail, Professional
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 6
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Driving Directions: From Savannah Rd, turn onto 2nd St , property on left.
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Phone Available, Cable TV Available
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Year Built: 1928
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size Source: Assessor
- Lot Dimensions: 24.00 x 210.00
- Zoning: TN
Financial Considerations
- Price Per Sq. Ft.: $627.92
- Assessment Year: 2024
- School Tax: $782
- County Tax: $70
- County Tax Freq: Annually
- Tax Amount: $852
- Tax Year: 2024
- Owner Pays: Taxes - Real Estate
- Landlord Pays: Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Berkshire Hathaway HomeServices PenFed Realty, Lee Ann Wilkinson
Sold by The Parker Group, Carolyn Rash
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Schools
Schools serving 114 2nd St
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Shields (Richard A.) Elementary School 820 Savannah Road, Lewes, DE 19958 | PK-5 | 0.6 mi |
Mariner Middle School 16391 Harbeson Road, Milton, DE 19968 | 5-8 | 9.4 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 1.4 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 114 2nd St
Date
Details
Price
Change
Source
5/22/2025
Sold
$1,800,000
2.86%
MLS
4/09/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
114 2nd Street, Lewes, DE 19958 (MLS# DESU2083360) is a Retail property that was sold at $1,800,000 on May 22, 2025. Want to learn more about 114 2nd Street? Do you have questions about finding other Retail real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.

