1 Virginia Ave, Rehoboth Beach, DE 19971
- $1,025,000
- Sold Price
- $1,025,000
- List Price
- $1,175,000
- Closing Date
- May 20, 2026
- Status
- CLOSED
- MLS#
- DESU2077840
- Year Built
- 1974
- County
- Sussex
- School District
- Cape Henlopen
Property Description
Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.
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Additional Information
- Area
- Lewes Rehoboth Hundred (31009)
- School District
- Cape Henlopen
- Flooring
- Carpet, Concrete, Brick
- Heating
- Zoned, Heat Pump
- Cooling
- Central Air, Ceiling Fan(s), Heat Pump
- Utilities
- Cable Available, Phone Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Cape Realty. Contact:
Selling Office: Berkshire Hathaway HomeServices PenFed Realty.