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251 Rehoboth Ave

$5,990,000

251 Rehoboth Ave, Rehoboth Beach, De 19971

Active
Last Updated: 02/08/2025

4,106 sqft

Building Size

1955

Year Built

Details:
Building Size:    4,106 sqft
Year Built:    1955
Price Per Sqft:    $1,458.84
Zoning:    TN
Roof:    Built-Up, Flat
Highlights:
  • Days on Market: 62
  • Heating: Forced Air
Description:

Incredible opportunity to own in a prime location in downtown Rehoboth Beach, one of the East Coast's most popular beach destinations. High-visibility site at the intersection of Rehoboth Ave and Lake Ave, a short distance from the beach. Both parcels are zoned C-1 and combined offer approximately 250 ft of frontage on Rehoboth Avenue and 260 ft on Lake Avenue. C-1 zoning allows for a wide range of commercial and residential uses. Currently there are two restaurant sites (one operational and leased), on-site parking, and a kiosk which is also leased. Details on building size, lot size, and construction year are estimated. This property offers zoning flexibility and existing rental income, making it an appealing option for developers or investors looking to maximize returns in a beachside market.

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