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$670,000

  • Sold
  • Closed
  • Commercial
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Amazing business location with high visibility on Rt24 only 800ft from Love Creek! 115 ft. road frontage with a 9 unit Motel on over 3/4 acre. Many conditional use opportunities! Property is currently zoned AR-1. Owner currently in process of tying in to County Sewer, a $40k+ savings for your buyer. Property being sold as-is condition.

Full Property Details for 20786 Sunset Ln

General

  • Sold For: $670,000
  • Taxes: $751 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2057982
  • Added to Site: 675 day(s) ago

Business

  • Business Type: Hotel/Motel

Rooms

Bathrooms

  • Restrooms: 8

Parking

  • Total Spaces: 9
  • Parking Type: Parking Lot

Location

  • Area: Indian River Hundred (31008)
  • County: Sussex
  • Driving Directions: Heading West on Rt 24, property is on right just after Love Creek bridge.

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: On Site Septic, Public Hook/Up Avail
  • Water: Well

Structural Information

  • Construction: Block
  • Stories/Levels: 0
  • Year Built: 1950
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.77
  • Lot Size (Sq. Ft.): 33,541
  • Lot Size Source: Assessor
  • Lot Dimensions: 115.00 x 282.00
  • Frontage Feet: 115
  • Zoning: AR-1

Financial Considerations

  • Price Per Sq. Ft.: $349.5
  • Assessment Year: 2023
  • School Tax: $683
  • County Tax: $69
  • County Tax Freq: Annually
  • Tax Amount: $751
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes

Listed by Jack Lingo - Rehoboth, JORDAN GEYER
Sold by Patterson-Schwartz-Rehoboth, Asa McCune

Listing agent

— 20786 Sunset Ln —

  • JORDAN GEYER

    Jack Lingo - Rehoboth

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 20786 Sunset Ln

School District:Cape Henlopen School District
NameGradesDistance
Mariner Middle School
16391 Harbeson Road, Milton, DE 19968
5-89 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-123.8 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 20786 Sunset Ln

Date
Details
Price
Change
Source
8/12/2024
Sold
$670,000
-4.15%
MLS
3/13/2024
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Jack Lingo - Rehoboth, JORDAN GEYER
Sold by Patterson-Schwartz-Rehoboth, Asa McCune

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202 Lakeview Shores  Rehoboth Beach, DE 19971

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Price Reduced near 20786 Sunset Ln

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111 Loganberry Ln, Rehoboth Beach, DE 19971 - Photo 1 Price Reduced
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Recent Sales near 20786 Sunset Ln

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20676 Annondell Dr, Lewes, DE 19958 - Photo 1 Sold
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20676 Annondell Dr  Lewes, DE 19958

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34151 High Knoll Rd  Lewes, DE 19958

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Listed by Monument Sotheby's International Realty, JOSETTE CASTIGLIONE and Monument Sotheby's International Realty, Stephen Castiglione
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20786 Sunset Lane, Lewes, DE 19958 (MLS# DESU2057982) is a Commercial property that was sold at $670,000 on August 12, 2024. Want to learn more about 20786 Sunset Lane? Do you have questions about finding other Commercial real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.