20902 COASTAL HWY new to site Save Request In-Person Tour Request Virtual Tour
Rehoboth Beach,DE 19971
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Poynters Addition
MLS Listing ID DESU2074058
Originating Board BRIGHT
Year Built 2000
Annual Tax Amount $12,672
Tax Year 2024
Lot Size 0.680 Acres
Acres 0.68
Lot Dimensions 300.00 x 100.00
Property Description
Exceptional Investment Opportunity in Rehoboth Beach! – 36-Room Motel with High Occupancy Potential! This 36-room, pet-friendly motel sits on a prime location with 300 feet of C-1 road frontage along Route 1, giving it unparalleled visibility and access for travelers heading to the beach and nearby attractions. Located in one of the East Coast's most popular beach destinations, this motel attracts a steady stream of visitors, from beach-goers to business travelers, ensuring year-round occupancy.
Each guest room is designed for comfort and convenience, with essential amenities and a welcoming atmosphere for both guests and their pets—a unique feature that appeals to today’s pet-loving travelers. The property and rooms have been recently remodeled making this a low-maintenance, turnkey operation.
With its ideal location, strong curb appeal, and pet-friendly policy, this Rehoboth Beach property offers excellent revenue potential with room to grow and is an ideal acquisition for investors looking to expand their portfolio in the hospitality sector.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C-1
Interior
Hot Water Tankless
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 54.0
Waterfront N
Water Access N
Roof Type Flat
Street Surface US Highway/Interstate
Accessibility None
Total Parking Spaces 54
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-20.09-189.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard