$975,000
$999,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
45 LAKE AVE Rehoboth Beach, DE 19971
5,663 Sqft Lot
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision North Rehoboth
MLS Listing ID 1001027628
Sold Date 09/27/17
HOA Y/N N
Originating Board SCAOR
Year Built 1950
Annual Tax Amount $1,461
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 51x123
Property Description
Unique opportunity in Rehoboth, bring your imagination! Over sized lot zoned C-3, which permits residential as well as commercial uses. Two separate buildings originally constructed and have been used as 100% retail/commercial recently. Desired use, including residential, should be confirmed with the City of Rehoboth. Four (4) off street parking spaces are on site, with plans and curb cut to add another driveway on the west side of the building. Property sold "as is". Great location, quiet but close to everything. The property is located on Lake Avenue, three blocks from the beach and just one block north of the main downtown area behind the new convention center and parking lot. In addition, the property is located approximately 3 miles east of Route 1, the major traffic artery through the Delaware Beaches. Property conveys "as is" and is subject to redevelopment options and uses, to be determined by buyer.
Location
State DE
County Sussex
Zoning TOWN
Interior
Heating Heat Pump(s), Oil
Cooling Central A/C, None, Zoned
Flooring Carpet, Hardwood
Fireplace N
Heat Source Oil
Exterior
Waterfront N
Water Access N
Roof Type Shingle,Asphalt
Accessibility None
Road Frontage City/County
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-14.13-223.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with TJARK BATEMAN • Jack Lingo - Rehoboth