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$400,000 Just Listed
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Property Description
Dos Locos is a well established restaurant located on 3rd block off the beach on Rehoboth Ave. ( Business only). Nice bar and seating is available for the patrons serving Mexican Food. It can easily be converted into any style of restaurant or continue it as a Mexican Cuisine. Plenty of public metered parking during the summer season and open parking during the off season. There is also a lot of walking traffic in front of the restaurant to lure people in. There is seating for 176 people featuring 37 tables and 16 bar stools. This restaurant also features a full basement for coolers and storage.
Full Property Details
Full Property Details for 208 Rehoboth Ave
General
- Price: $400,000
- Taxes: $4,372 (2026)
- Status: Active
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2121616
- Updated: 10/2/2026
- Added to Site: 2 day(s) ago
Business
- Name: Dos Locos
- Business Type: Restaurant/Bar
Additional Information
- Security/Safety: 24 hour security
Parking
- Total Spaces: 30
- Parking Type: On Street
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: SUSSEX
- Driving Directions: Take Rt 1 to Rehoboth Ave go to 208 Rehoboth Ave. "Dos Locos' Restaurant
- City Limits: Yes
School Information
- School District: Cape Henlopen
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric, Propane - Leased
- Water Heater: Tankless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stick Built
- Current Bldg. Use: Restaurant
- Year Built: 2001
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 100.00
- Zoning: TN
Financial Considerations
- Assessment Year: 2026
- School Tax: $3,927
- County Tax: $445
- County Tax Freq: Annually
- Tax Amount: $4,372
- Tax Year: 2026
Disclosures and Reports
- Ownership: Leasehold
- Inclusions: All equipment mechanical and furnishings.
Listed by Jack Lingo - Lewes, MICHAEL DOMINGUEZ
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Schools
Schools serving 208 Rehoboth Ave
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Rehoboth Elementary School 500 Stockley Street, Rehoboth Beach, DE 19971 | PK-6 | 0.6 mi |
Beacon Middle School 19483 John J Williams Highway, Lewes, DE 19958 | 4-8 | 3.6 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 208 Rehoboth Ave
Date
Details
Price
Change
Source
10/02/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 208 Rehoboth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,371
—
$44,500
—
2025
$4,388
100%
$44,500
—
2023
$2,191
4%
$44,500
—
2022
$2,115
1%
$44,500
—
2021
$2,096
—
$44,500
—
2020
$2,089
—
$44,500
—
2019
$2,092
7%
$44,500
—
2018
$1,954
4%
$44,500
—
2017
$1,871
5%
$44,500
—
2016
$1,778
5%
$44,500
—
2015
$1,699
1%
$44,500
—
2014
$1,686
3%
$44,500
—
2013
$1,638
—
$44,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 208 Rehoboth Ave
208 Rehoboth Avenue, Rehoboth Beach, DE 19971 (MLS# DESU2121616) is a Business property. 208 Rehoboth Avenue is currently listed for $400,000 and was received on October 02, 2026. Want to learn more about 208 Rehoboth Avenue? Do you have questions about finding other Business real estate for sale in Rehoboth Beach? You can browse all Rehoboth Beach real estate or contact a Coldwell Banker agent to request more information.

