12 Christian St, Rehoboth Beach, DE 19971

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List Price
$5,100,000
Days on Market
0
Status
ACTIVE
MLS#
DESU2119864
Lot Size (Acres)
0.34
Year Built
1984
County
Sussex
School District
Cape Henlopen

Property Description

RARE COMMERCIAL OPPORTUNITY IN THE HEART OF DOWNTOWN REHOBOTH BEACH! Acquire the iconic "High Seas Motel," a prime 15,000-square-foot property is ideally situated on a 150x100 foot lot (10 & 12 Christian Street combined), right next door to The Bellmoor Inn & Spa. Just 2 1/2 blocks to the beach and famous Rehoboth Beach Boardwalk, and 1 block south of Rehoboth Avenue. The turn-key facility features 32 guest rooms with ensuite baths, an on-site office, guest laundry facilities, and 38 dedicated blacktop parking spaces. Built with solid block and stick construction, the three-story building includes electric wall heating and cooling units, an updated roof, and full public water and sewer connections. Zoned C-3 Commercial, the property presents endless possibilities to continue operating a high-demand downtown motel, transform it into a boutique bed and breakfast, or explore redevelopment options into apartments, mixed-use commercial space, or residential units. Capitalize on this rare footprint in "The Nation's Summer Capital" with immediate operational income and substantial value-add potential. Call Today!

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Taxes
$13325
Stories
3
School District
Cape Henlopen
View
City, Other
Heating
Wall Unit
Heating Fuel
Electric
Cooling
Central A/C, Wall Unit
Roof
Shingle
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact: 3026456661