1205 Coastal Highway # 300

Dewey Beach, DE
$ 1,575,000 Beds 0 Baths 0 Sq 2,600
Monthly Estimate* How much can I afford?

Great Investment opportunity. Are you looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Or looking for a great property with investment potential. Well here is your chance. But the property and rent it out. The potential for 100k a year is very possible. Rent out both units. Retail below and residential above. Or, this incredible seasonal or potential year round business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by. Did I mention that it comes with a liquor license as well. That alone is worth the investment.

Commercial

  • Price
  • $ 1,575,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,600
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Dewey Beach
  • Taxes
  • $ 1096
  • County
  • SUSSEX
  • Style
  • Restaurant/Bar
  • Area
  • Lewes Rehoboth Hundred
  • MLS#
  • DESU176994
  • Zip
  • 19971
Listing Provided by: EXP Realty, LLC
Data Source: Bright MLS

Features

General

Acceptable Financing Cash, Conventional
Accessibility Ramp - Main Level
Building Name Cove
Business Type Restaurant/Bar
Construction Materials Combination, Frame
Cool Fuel Electric
Cooling Other
County SUSSEX
Days on Market 137
Exclusions some personal items to be negotiated upon acceptable contract
Heating Wall Unit, Central, Other
Legal Subdivision INDIAN BEACH
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Ownership Condominium
Parking Features Private
Possession Settlement
Property SubType Retail
Property Type Commercial Sale
Sewer Public Sewer
Sussex DE Quadrants Between Rt 1 & 113
Tax Annual Amount 1096.0
Tax Year 2020
Unit Number 300
Vacation Rental Y/N No
Water Access Y/N No
Zoning TN

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Propane

Exterior Features

Building Area Total 0.00
Car Parking Spaces 5
Inclusions All equipment, inventory, good faith, furnishings, menus, pos
Lot Dimensions 0.00 x 0.00
Navigable Water Y/N No
Total Parking Spaces 5
Type of Parking Other, On Street, Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Blue Bell, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/4/2021 Listed $1,600,000
4/8/2021 2% - $1,575,000

Property vs Zip Code Average in 19971

Price
AVG $730K
$1.58M
Taxes
AVG $2,002
$1,096
Visits
AVG 94
142
Walkscore
AVG 49
30
Data Provided by Walkscore ® not using MLS data

Map

1205 Coastal Highway # 300 Dewey Beach, DE is a Single Family Home for sale at $1575000 with 2600 sqft and a lot size of Acre(s). 1205 Coastal Highway # 300 Dewey Beach has 0 bedrooms, 0 baths . The property's zip code is 19971 which is in Dewey Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.