402 Rehoboth Avenue #1,2,3 Rehoboth Beach, DE 19971US

Commercial, 4,593 sq ft, 0.32 acres, 42 years old
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Listed
For Sale
10/1/15
689 Days
$2,995,000
Bedrooms
--
Bathrooms
--
Finished Sq Ft
4,593 sq ft
Type
Commercial
Style
--
Lot Size
0.32 ac
Mortgage Payment
--
Taxes
$4,118 (2016)
Year Built
1975
Subdivision
Rehoboth Beach
Stories
--
MLS #
6655939
--
Your Rating:
Listing Broker  
Mann & Sons, Inc

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One Story office building on the corner of Rehoboth Ave and State Road with excellent exposure. Zoned C-1 commercial. Fully leased through 2018. Features listed: *Rigbys Restaurant--2643 Sq.Ft.+ 758 Sq.Ft Patio Area-- NNN *Morris James LLP--1262 Sq.Ft. --NNN *The Lawson Firm LLC--688 Sq.Ft.--NNN. Triple Net leasing income is $112,641.70 in 2014. *14 Parking Spaces *Roof replaced 2014; Painted 2013; 2 HVAC units new in 2012 *For FUTURE POTENTIAL if you wish to re-build, the City will allow a building area of 20,844 (2.0FAR). Maximum building height is 42 feet.
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Previous Sales and Listing History

DateEventSourcePrice
10/1/2015For SaleTrend (Bright) 6655939$2,995,000
5/7/2014Sign InSign InSign In
5/7/2014Sign InSign InSign In
1/1/2014Sign InSign InSign In

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Rehoboth Beach Public Schools

A child living at 402 Rehoboth Avenue #1,2,3, Rehoboth Beach, DE would typically attend one of the following public schools: Rehoboth Elementary School, Beacon Middle School, or Cape Henlopen High School.

402 Rehoboth Avenue #1,2,3 Property Features

$31,400
Sussex County
SUSSEX-DE
STATE ROAD
$31,100
652.0793
Commercial
$62,500
1.0
BARISTER BUILDING
1
Seller
4593.0
3
150X93
10422.0
CO
0.32
224.00
Q
3

Rehoboth Beach REAL ESTATE NEWS

The Rehoboth Beach market was steady this week as sales remained at three homes over the prior 30 days, but the area is experiencing a confirmed upward trend of contracts closing, now up to six. Prici... Read More »

Over the last 30 days, an identifiable downward trend of new sellers coming into the Rehoboth Beach market continued, with 13 listings in this week's report. Meanwhile, sales rose, with two homes sell... Read More »

With 1,327 residents, Rehoboth Beach is an average-sized city in Delaware. Also, with 1,128.9 people per square mile, it has a lower than average density in comparison to other parts of the state. The... Read More »

402 Rehoboth Avenue #1,2,3 Map

Listing Information for MLS#

 Charles Renschler, Mann & Sons, Inc
  Tuesday, July 25, 2017 3:50:32 PM

BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.

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School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

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Mann & Sons, Inc
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402 Rehoboth Ave #1,2,3, Rehoboth Beach, DE 19971US
402 Rehoboth Ave #1,2,3 is located in Rehoboth Beach, DE. This home has approximately 4,593 sqft of living space. This property sits on 0.32 acres. This property is 42 years old, having been built in 1975. Similar homes nearby sell for around $3,000,000.
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