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$4,000,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Rare & never before offered, this C-1 commercial opportunity is in one of the most visible and sought-after locations in coastal Delaware. Positioned at the entrance to downtown Rehoboth Beach and along Rt. 1 South, this prominent corner assemblage offers exceptional exposure with frontage on both Rehoboth Avenue and Rt. 1/Coastal Highway. The offering includes three parcels totaling approximately 0.75 acre and features a large three-story corner building with a blank-canvas interior ready for redevelopment, repositioning, or owner-user customization, the former Point Coffee House and a separate storage building, creating multiple possibilities for retail, restaurant, office, hospitality, or mixed-use concepts. With unparalleled visibility, strong traffic counts, and a gateway location serving both downtown Rehoboth Beach and the Rt. 1 corridor, this is a truly unique investment and development opportunity.

Full Property Details for 37128 Rehoboth Ave Ext

General

  • Price: $4,000,000
  • Taxes: $804 (2025)
  • Status: Active
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: DESU2112364
  • Updated: 5/22/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Concrete

Parking

  • Total Spaces: 16
  • Parking Features: Paved Parking, Private
  • Parking Type: Other, Driveway

Location

  • Area: Lewes Rehoboth Hundred (31009)
  • County: SUSSEX
  • Driving Directions: Corner of Rt.1 and Rehoboth Avenue - entire offering fronts both roads.
  • Location Details: Free Standing

School Information

  • High School: Cape Henlopen

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Water Heater: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block, Frame
  • Foundation: Slab
  • Roof: Architectural Shingle
  • Year Built: 2020
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.75
  • Lot Size (Sq. Ft.): 32,670
  • Lot Size Source: Estimated
  • Lot Dimensions: 111.00 x 145.00
  • Zoning: C-1
  • Lot Description: Corner, Additional Lot(s), Premium

Financial Considerations

  • Assessment Year: 2025
  • School Tax: $723
  • County Tax: $82
  • County Tax Freq: Annually
  • Tax Amount: $804
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Refrigerator, stove, coffee roaster, closed circuit camera system, and personal items

Listed by Compass, Dustin Oldfather and Compass, Luke Thompson

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Listing agents

— 37128 Rehoboth Ave Ext —

  • Dustin Oldfather

    Compass

  • Luke Thompson

    Compass

Listing Office Email: ashley.hess@compass.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 37128 Rehoboth Ave Ext

School District:Cape Henlopen School District
NameGradesDistance
Rehoboth Elementary School
500 Stockley Street, Rehoboth Beach, DE 19971
PK-60.7 mi
Beacon Middle School
19483 John J Williams Highway, Lewes, DE 19958
4-82.6 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-124.1 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 37128 Rehoboth Ave Ext Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$4,000,000
901.25%
MLS
4/28/2011
Sold
$399,500
—
Public Record
Get Price Alerts and Save Property
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 for 37128 Rehoboth Ave Ext

Year
Property Taxes
Change
Tax Assessment
Change
2025
$804
-60%
$33,950
—
2023
$1,997
4%
$33,950
—
2022
$1,927
1%
$33,950
—
2021
$1,910
—
$33,950
—
2020
$1,904
—
$33,950
-16%
2019
$1,907
7%
$40,550
—
2018
$1,781
25%
$40,550
19%
2017
$1,428
9%
$33,950
4%
2016
$1,306
5%
$32,700
—
2015
$1,248
1%
$32,700
—
2014
$1,239
3%
$32,700
—
2013
$1,204
—
$32,700
—
View All
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 for 37128 Rehoboth Ave Ext

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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37128 Rehoboth Avenue Extension, Rehoboth Beach, DE 19971 (MLS# DESU2112364) is a Commercial property. 37128 Rehoboth Avenue Extension is currently listed for $4,000,000 and was received on May 21, 2026. Want to learn more about 37128 Rehoboth Avenue Extension? Do you have questions about finding other Commercial 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.

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