Homes & Land Digest of the Delmarva Coast and Surrounding Areas

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402 Rehoboth Avenue 1,2,3
Rehoboth Beach, DE 19971
MLS# 1000185902 ID: 50200497
$2,450,000
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Property Description
Commercial - REHOBOTH BEACH, DE Location, Location!!One Story office building on the corner of Rehoboth Ave and State Road with excellent exposure. Zoned C-1 commercial. 14 shared parking spaces. Buy and you can use 1,262 sq. ft. of office space yourself or lease out. Zoned C-1 commercial. *Rigbys Restaurant--2643 Sq.Ft.+ 758 Sq.Ft Patio Area has renewed lease to 2023(w/annual increases). They pay $64,927 NNN in 2018. *Lawson Firm 688 sq.ft.Triple Net leasing income is $64,927. *Roof replaced 2014; Painted 2013; 2 HVAC units new in 2012 *For FUTURE POTENTIAL if you wish to re-build, the City will allow a building area of 20,844 (2.0FAR). Maximum building height is 42 feet. Property is fronting on both Rehoboth Avenue and State Road.
Property Features
Status
Last Updated May 27, 2018
Market Status Available
Description
Property Type Commercial
Year Built 1975
Approx. Lot Size .24 Acres
Legal/Financial
Taxes 2653
Listing Features
Property Type Commercial;
Offered By:
Charles Renschler
Mann & Sons, Inc
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Preschool-k Private
Seaford School District Preschool-5 Public
Preschool-4 Private
Preschool-12 Private
Indian River School District Preschool-5 Public
Laurel School District Preschool-1 Public
Preschool-8 Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-12 Public
Preschool-8 Private
Milford School District Preschool-k Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Preschool-12 Private
Preschool-8 Private
Preschool-k Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Milford School District Preschool-12 Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Indian River School District Preschool-5 Public
Cape Henlopen School District Preschool-12 Public
Seaford School District Preschool-12 Public
Preschool-8 Private
Woodbridge School District Preschool-2 Public
School District Grades Type
Preschool-k Private
Seaford School District Preschool-5 Public
Preschool-4 Private
Preschool-12 Private
Indian River School District Preschool-5 Public
Laurel School District Preschool-1 Public
Preschool-8 Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-12 Public
Preschool-8 Private
Milford School District Preschool-k Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Preschool-12 Private
Preschool-8 Private
Preschool-k Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Milford School District Preschool-12 Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Indian River School District Preschool-5 Public
Cape Henlopen School District Preschool-12 Public
Seaford School District Preschool-12 Public
Preschool-8 Private
Woodbridge School District Preschool-2 Public
School District Grades Type
Milford School District 1-5 Public
Preschool-k Private
Seaford School District Preschool-5 Public
Preschool-4 Private
K-k Private
Preschool-12 Private
Indian River School District Preschool-5 Public
Laurel School District Preschool-1 Public
Preschool-8 Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-12 Public
Preschool-8 Private
Milford School District Preschool-k Public
Seaford School District K-5 Public
K-12 Private
Indian River School District Preschool-5 Public
Indian River School District K-k Public
Preschool-12 Private
Cape Henlopen School District K-5 Public
Indian River School District 4-8 Public
Preschool-12 Private
Preschool-8 Private
Preschool-k Private
Indian River School District Preschool-5 Public
Indian River School District Preschool-5 Public
Preschool-12 Private
Milford School District Preschool-12 Public
Cape Henlopen School District K-5 Public
Milford School District 1-5 Public
Indian River School District Preschool-5 Public
Laurel School District 2-4 Public
Woodbridge School District 3-5 Public
Cape Henlopen School District K-5 Public
Milford School District 1-5 Public
Seaford School District K-5 Public
Preschool-12 Private
Cape Henlopen School District K-5 Public
Indian River School District Preschool-5 Public
Indian River School District K-8 Public
Cape Henlopen School District Preschool-12 Public
Seaford School District Preschool-12 Public
Preschool-8 Private
Seaford School District K-5 Public
Woodbridge School District Preschool-2 Public
School District Grades Type
Cape Henlopen School District 6-8 Public
Preschool-12 Private
Delmar School District 5-12 Public
Delmar School District 5-12 Public
Preschool-8 Private
Indian River School District Preschool-12 Public
Preschool-8 Private
K-12 Private
Indian River School District 6-8 Public
Preschool-12 Private
Indian River School District 4-8 Public
Preschool-12 Private
Laurel School District 5-8 Public
Preschool-8 Private
Cape Henlopen School District 6-8 Public
Milford School District 6-8 Public
Preschool-12 Private
Milford School District Preschool-12 Public
Indian River School District 6-8 Public
Preschool-12 Private
Seaford School District 5-8 Public
Indian River School District 6-8 Public
Indian River School District K-8 Public
Sussex Academy Of Arts And Sciences 6-10 Public
Cape Henlopen School District Preschool-12 Public
Seaford School District Preschool-12 Public
Preschool-8 Private
Woodbridge School District 6-8 Public
School District Grades Type
Cape Henlopen School District 9-12 Public
Preschool-12 Private
Delmar School District 5-12 Public
Delmar School District 5-12 Public
9-12 Private
Indian River School District Preschool-12 Public
K-12 Private
Preschool-12 Private
Indian River School District 9-12 Public
Preschool-12 Private
Laurel School District 9-12 Public
Preschool-12 Private
Milford School District Preschool-12 Public
Milford School District 9-12 Public
Preschool-12 Private
Seaford School District 9-12 Public
Indian River School District 9-12 Public
Cape Henlopen School District Preschool-12 Public
Seaford School District Preschool-12 Public
Sussex Technical School District 9-12 Public
Woodbridge School District 9-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 2 Queens, Rehoboth Beach, De 19971 3 $470,000
2 4 Queens, Rehoboth Beach, De 19971 $710,000
3 5 Patriots, Rehoboth Beach, De 19971 4 $399,860
4 19999 Sandy, Rehoboth Beach, De 19971 $300,000
5 19999 Sandy, Rehoboth Beach, De 19971 $422,500
6 19999 Sandy, Rehoboth Beach, De 19971 $330,000
7 19999 Sandy, Rehoboth Beach, De 19971 $314,500
8 36519 Palm, Rehoboth Beach, De 19971 $189,000
9 36519 Palm, Rehoboth Beach, De 19971 $185,000
10 36519 Palm, Rehoboth Beach, De 19971 $180,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 12,917
Population Growth 35%
Population Density 781
Median Age 53.8
Median Income $54,296
Households 6,549
Weather
Jan Low 18.37
Jan High 37.08
July Low 61.62
July High 84.15
Annual Precipitation (in.) 62.74
Weather Risk Index* 128
*Index score (100 = National Average) that represents the total risk
Rehoboth Beach Demographics
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Rehoboth Beach Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by TREND MLS

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