Lewes Real Estate

18276 Coastal Lewes Delaware

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18276 Coastal Lewes DELAWARE

0 Bedrooms, 0 Bathrooms
Commercial/Industrial

Price: $1,999,999.00
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Listing Status: Active

Opportunity awaits a savvy investor. This turn-key operation is the first motel site on Rte 1 South between Rts. 9 and 24. Currently operating as a 9 unit efficiency motel with a separate 4 bedroom house and business office , the site is comprised of 1.45 acres of which more than half remains undeveloped. The current operation could be expanded or razed to make way for a larger multi-story motel. Investors with franchise opportunities would be wise to consider this property. In addition to capturing traffic from the north, the site is only blocks south of Kings Hwy, making it ideally located to capture ferry traffic coming from Cape May. Please schedule all appointments with the listing agent. No visiting the site without the owners permission and being accompanied by the listing agent.

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MLS #: 727154 Price: $1,999,999.00
Address: Coastal
Building Name:
City: Lewes
Area: Between Rt. 1 & 113
Subdivision:
Dwelling Type: Commercial/Industrial Year Built: 1960
Bedrooms: 0 Full Baths: 0 Half Baths: 0
Waterfront: Waterview:
Lot Dimensions: 0 Acreage: 1.45
Dwelling Sq Ft: 63162
Dock:
Garage:
Flooring: Carpet
Heating: Forced Air
Cooling: Central A/C


Appliances:
Interior Features:
Exterior Features:
HOA/Condo Ammenities:
County Taxes: $1,371 City Taxes: $0
Water Fee: $0 Sewer Fee: $0
Association Fee: $0 Condo Fee: $0
Trash Fee: $0
Ground Rent: $0
Listing Broker: JACK LINGO LEWES

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Map locations are approximate. Please contact one of our sales agents for additional location information.

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All Listings data based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market. Bennett Realty is a Real Estate licensee in the State of Delaware License Number: SCAOR12262.