$2,350,000 $12,615 est/mo Sourced by Back At You

38163 Robinsons Dr,Rehoboth Beach, DE 19971

Rehoboth Beach DE, 19971

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Description

Incredible investment opportunity in the booming beach town of Rehoboth Beach, Delaware, this +/-.36-acre lot sits on two commercially zoned parcels with great development potential. The 5,600 SF building is currently used as the established and successful restaurant and bar, Just in Thyme, with two 2-bedroom apartments upstairs, both on month-to-month leases and offers parking for 38 cars. With 61 ft of frontage on Coastal Hwy Route 1, the lot has very high visibility year-round and convenient access to both downtown Rehoboth and Dewey Beach. Perfect for an owner/user, developer, investor, or restauranteur, schedule your private tour today!

Details

MLS#DESU2049350
Listing TypeFor Sale
Building NameNONE AVAILABLE
Sub-TypeResale
StatusActive
Year1970
Days On Site223
Listing Provided ByCompass | Jeffrey Stape

Features

ZoningC1
Acreage0.33

Market Activity 19971

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Learn More About This Property

StateDE
CountySussex
CityRehoboth Beach
Zip Code19971
AreaLewes Rehoboth Hundred
School DistrictCape Henlopen
Listing VS Median (in 19971)
Price:
$2,350,000
low | high
Med:
$779,989
100% of Average
On Site:
223
low | high
Med:
328.000000
67.987804878049% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 12:36:44 PM PDT