20575 Coastal Hwy Rehoboth Beach, DE 19971

This exceptional commercial property in Rehoboth Beach, Delaware, presents a unique investment opportunity. Located at 20575 Coastal Hwy, this fee-simple offering encompasses a 2,000 square foot building situated on a 14,768 square foot lot. The property boasts a convenient C-1 zoning, allowing for a variety of uses, including but not limited to auto shop, convenience store, or restaurant. Currently configured with a showroom, office, and garage featuring an auto lift and air compressor, the property is ready for immediate occupancy. The ample 45-space parking lot ensures convenient access for customers and employees. Its prime location on Coastal Highway offers excellent visibility and accessibility, with easy ingress and egress onto both Coastal Highway and State Road. The asking price is $1,900,000, translating to $950 per square foot. This property is ideal for an owner-operator seeking a versatile space in a high-traffic area. The property is suitable for a 1031 exchange. Further details on Sussex County DE C-1 zoning regulations are available online. This is a rare opportunity to acquire a well-situated commercial property in a thriving Delaware coastal community.