402 Rehoboth Avenue
Rehoboth Beach, DE 19971
Est. P&I payment: $9357.34/mo
Description for 402 Rehoboth Avenue, Rehoboth Beach, DE 19971
Location, Location!!One Story office building on the corner of Rehoboth Ave and State Road with excellent exposure. Zoned C-1 commercial. 14 shared parking spaces. Buy and you can use 1,262 sq. ft. of office space yourself or lease out. Zoned C-1 commercial. *Rigbys Restaurant--2643 Sq.Ft.+ 758 Sq.Ft Patio Area has renewed lease to 2023(w/annual increases). They pay $64,927 NNN in 2018. *Lawson Firm 688 sq.ft.Triple Net leasing income is $64,927. *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. Property is fronting on both Rehoboth Avenue and State Road.
My Notes for MLS #6655939
- LandOnly: N
- PropertyType: Commercial
- TotalUnits: 3
- PropertyAge: 40
- County: SUSSEX
- WaterFront: N
- LandSqFt: 10,422
- LotDimensions: 150X93
- PricePerSqFt: 533
- TaxYear: 2017
- TotalAssessment: 62,500
- TotalTaxes: 2,653
- SchoolDistrict: Cape Henlopen
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Directions to 402 Rehoboth Avenue, Rehoboth Beach, DE 19971
Rehoboth Avenue and State Road
The listing information for 402 Rehoboth Avenue, Rehoboth Beach, DE 19971 was graciously provided by our friends at the listing brokerage, Mann & Sons, Inc
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Last Updated 03/18/2018 at 10:15pm