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402 Rehoboth Ave, Rehoboth Beach, DE 19971

$2,450,000

  • For Sale
  • Active
  • Commercial
402 Rehoboth Ave, Rehoboth Beach, DE 19971View this property at 402 Rehoboth Ave, Rehoboth Beach, DE 19971
402 Rehoboth AveRehoboth BeachDE19971

Property Description

Location, location. Property located on corner of Rehoboth Avenue & State Road. Excellent exposure for offices. 14 shared parking spaces. Buy and you can use 1,262 sq, ft. of office space yourself or lease out. Zoned C-1. Rigby Restaurant has renewed lease to 2023 (w/annual increases). 2018 they pay $64,927 NNN. Roof replaced 2014; painted 2013; 2 new HVAC units in 2012. See attachments for survey, office floor plan and options.

Full Property Detailsfor 402 Rehoboth Ave

General

  • Price: $2,450,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 613250
  • Updated: 2/27/2018
  • Added: 1, 444 day(s) ago

Property History

  • 402 Rehoboth Ave, Rehoboth Beach, DE
  • Reduced to $2,450,000 on 2/27/18
  • Reduced to $2,750,000 on 8/30/17
  • Listed at $2,995,000 on 5/7/14

Business

  • Name: Barrister Building

Interior

  • Flooring: Carpet

Location

  • County: Sussex
  • Subdivision: South Rehoboth

Heating & Cooling

  • Cooling Type: Heat Pump(s)
  • Heating Type: Forced Air, Heat Pump(s)

Utilities

  • Sewer: Sewer-Public Central
  • Water: Water-Public Central

Structural Information

  • Exterior Const.: Composition, Wood
  • Roof: Asphalt Shingles
  • Disability Access: Handicap Access, Ramp Main Level
  • Square Feet: 4,593
  • Office: 4,593 Sq. Ft.
  • Year Built: 1974

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Size (Sq. Ft.): 10,422

Financial Considerations

  • Annual City Tax: $806
  • County Tax: $2,368

Disclosures and Reports

  • Property ID: 334-13.20-224.00
  • Lot: 402

Listed by MANN & SONS INC

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Schools

Schoolsserving 402 Rehoboth Ave

School District:Cape Henlopen School District
School Name
Grades
Distance
Rehoboth Elementary School
500 Stockley St, Rehoboth Beach, DE 19971
K-5
0.4 mi
Beacon Middle School
19483 John J. Williams Hwy, Lewes, DE 19958
6-8
3.2 mi
Cape Henlopen High School
1250 Kings Highway, Lewes, DE 19958
8-12
4.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 402 Rehoboth Ave

Listed by MANN & SONS INC

402 Rehoboth Ave, Rehoboth Beach, DE 19971 (MLS# 613250) is a Commercial property. 402 Rehoboth Ave is currently listed for $2,450,000 and was received on May 07, 2014. Want to learn more about 402 Rehoboth Ave? 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.