1209 Coastal Hwy Unit #9, Fenwick Island, DE 19944

$2,995,000
List Price
$2,995,000
Days on Market
154
Status
ACTIVE
MLS#
DESU2018428
Lot Size (Acres)
0.5
Year Built
9999
County
Sussex
School District
Indian River

Property Description

Freestanding 6200 +/- SF commercial building with direct access on Coastal Highway just a block from the beach. Rare opportunity to own a turn-key building directly on Coastal Hwy with tremendous exposure. The property was recently remodeled with a very professional look on the first floor and new exterior finishes. As you enter the building you will see a welcoming reception area and a large seating area with a comfortable living room feel. The property is partially leased with two small tenants allowing this to be purchased and used by an owner/operator while also collecting rental income, or purchased by an investor to see's the value in the underlying real estate while leasing the balance of the space for additional income. The property is part of the adjacent condominium but it does not share in condo fees.

Additional Information

Area
Baltimore Hundred (31001)
Taxes
$4724
School District
Indian River
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Heat Pump(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of SVN/Miller Commercial Real Estate.