1209 Coastal Hwy #9, Fenwick Island, De 19944
$2,995,000
Freestanding 6200 +/- SF commercial building with direct access on Coastal Highway just a block from the beach. Rare opportunity to own a turn-key building directly on Coastal Hwy with tremendous exposure.
The property was recently remodeled with a very professional look on the first floor and new exterior finishes. As you enter the building you will see a welcoming reception area and a large seating area with a comfortable living room feel. The property is partially leased with two small tenants allowing this to be purchased and used by an owner/operator while also collecting rental income, or purchased by an investor to see's the value in the underlying real estate while leasing the balance of the space for additional income. The property is part of the adjacent condominium but it does not share in condo fees.
Essentials
MLS Number
Desu2018428
List Price
$2,995,000
Standard Status
Active
Year Built
9999
New Construction
N
Property Type
Commercial Sale
Waterfront
N
Interior
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Heat Pump(s)
Hot Water
Electric
Exterior
Construction Materials
Vinyl Siding, shingle Siding
Type of Parking
Parking Lot
Location
Address
1209 Coastal Hwy #9, Fenwick Island, De
Acres
0.50
Lot Size Dimensions
0.00 X 0.00
MLS Area
Baltimore Hundred (31001)
Interior Features
Appliances
Additional Information
Sewer Septic
Public Sewer
Tax Annual Amount
$4,724
Water Source
Public
Listing courtesy of Svn/miller Commercial Real Estate.