1 Virginia Ave
$1,175,000
1 Virginia Ave, Dewey Beach, DE 19971
6,500 sqft
Building Size
1974
Year Built
Details:
Highlights:
- Days on Market: 98
- Heating: Zoned, Heat Pump(s)
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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