DE
LEWES
19958
18289 COASTAL HIGHWAY
18289 COASTAL HIGHWAY, LEWES, DE 19958
Listing Type
commercial/industrial
Listing Status
active
55
$2,800,000

Home Details for 18289 COASTAL HIGHWAY

Price
$2,800,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
2007
Lot size acres
0.9
Garage
Days on site
83
MLS Listing#
DESU2066430
Listing courtesy: SVN |Miller Commercial Real Estate - 4105432440
Property Description

Exciting Investment Opportunity in Lewes, Delaware's Premier Tourist Hub! Located along the bustling Coastal Highway, this prime property offers an exceptional investment prospect in the heart of Lewes, Delaware's most popular tourist area. Comprising two buildings, each with established ground-floor tenants, this offering provides an enticing opportunity for additional rental income from their vacant second floors. The first building boasts a thriving restaurant, already a beloved destination for locals and tourists alike, complete with hardwood flooring, updated bathrooms and fixtures, and an expansive covered porch eating area connecting the spacious kitchen with guest dining areas. Furthermore, its upper floors present an untapped resource: customizable office and storage spaces, poised to generate even greater revenue. The second building features a long-standing salon on the ground floor, ensuring stable rental income. Upstairs, an inviting blank canvas awaits, with potential for conversion into either a lucrative residential rental or versatile office space. Complete with an eat-in kitchen, full bath, two spacious rooms adaptable as bedrooms or private offices, and a breathtaking panoramic view of the surrounding area, this space is primed for success. Plus, its private rear entrance adds a touch of exclusivity and convenience. Don't miss out on this unparalleled opportunity to invest in Lewes, Delaware's dynamic tourist landscape. Act today to seize this chance to diversify your portfolio and unlock the full potential of this remarkable property! **Please DO NOT visit property without scheduling an appointment with licensed agent.**

Property Features
  • Cooling Information
    • Central A/C
  • Heating Information
    • Forced Air
  • Water Features
    • Public
School Information
School Information for 18289 COASTAL HIGHWAY, LEWES, DE 19958
Elementary School
N/A
Middle School
BEACON
High School
CAPE HENLOPEN
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-10-05 09:01:19
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT ON THE BAY REALTY
122 Cedar Street, Cambridge, MD 21613
Office
410 228 2900
Request more details
Code: