200 Rehoboth Ave is a $2,495,000 home on a 0.11 acre lot located in Rehoboth Beach, DE.
Prime corner and highly desired commercial location at the intersection of Rehoboth Avenue and 2nd Street! Just 2 blocks from the beach and directly across from the new Coastal Hotel (extension of Hilton), this premier commercial space consists of 4 retail units that generate approximately $125,000 of revenue annually. Numerous recent upgrades were completed in 2020 and include new floors, interior walls, lighting, entrance doors, ADA bathroom, two new A/C units, and a new heat pump. In 2021 three new hot water heaters were installed. In 2022, two furnaces were replaced with high-efficiency units. Unit A (Charmed City Run) has exclusive use of the rear door, parking space, and attic for storage. Unit B (Gel Z Art) includes 2 large windows on Second Street, a back room, and half bath. Unit C (204 Rehoboth Ave - Into the Mystic) includes a small storage closet and half bath. Unit D (Coastal Hobo) includes a rear access door and a 4,000 SF basement with high ceilings for storage. Excellent investment opportunity!
Basement | Foundation Details - Block |
Appliances | Hot Water - Electric |
Interior Features | Flooring - Carpet Flooring - Laminated Accessibility Features - 32 Inches+ Wide Doors Flooring - Luxury Vinyl Plank |
Cooling Types | Central A/C Window Unit(s) Cooling Fuel - Electric Central Air - Yes Other |
Heating Types | Heat Pump(s) Zoned Heating Fuel - Electric Heating - Yes Propane - Leased |
# Parking Spaces | 1 |
Parking Types | Private Parking Type - Street Parking Type - Other |
Exterior Features | Water Body Type - Ocean Owner Pays - Taxes - Real Estate Electric Service - 200+ Amp Service Utilities - Electric Available Income Includes - Shop Rentals Waterfront Features - Water Oriented - Yes In City Limits - Yes Utilities - Propane |
Views | Street |
Roof | Metal |
Construction Types | Vinyl Siding |
Land Type | Location Type - Business District Lot Features - Corner |
Water Source | Public |
Sewer | Public Sewer |
Attribution Contact | (302) 645-2207 |
Property Type | Commercial Sale |
Property Sub Type | Retail |
Style | Standard Fee Simple Grocery/Supermarket Hair Salon Health/Natural Food |
Year Built | 1916 |
HOA Fee | $0.00 |
Condo Fee | $0.00 |
Taxes | $3,082.00 |
County | sussex |
School District | cape henlopen |
High School | cape henlopen |
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