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$2,990,000
53 Days Online

18289 Coastal Highway
Lewes, DE 19958

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
2007
Built
Subdivision:
None Available
County:
Sussex

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(302) 222-9526
18289 Coastal Highway18289 Coastal Highway18289 Coastal Highway18289 Coastal Highway
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Exciting Investment Opportunity in Lewes, Delaware's Premier Tourist Hub! Located along the bustling Coastal Highway, this prime property offers an exceptional investment prospect in the heart of Lewes, Delaware's most popular tourist area. Comprising two buildings, each with established ground-floor tenants, this offering provides an enticing opportunity for additional rental income from their vacant second floors. The first building boasts a thriving restaurant, already a beloved destination for locals and tourists alike, complete with hardwood flooring, updated bathrooms and fixtures, and an expansive covered porch eating area connecting the spacious kitchen with guest dining areas. Furthermore, its upper floors present an untapped resource: customizable office and storage spaces, poised to generate even greater revenue. The second building features a long-standing salon on the ground floor, ensuring stable rental income. Upstairs, an inviting blank canvas awaits, with potential for conversion into either a lucrative residential rental or versatile office space. Complete with an eat-in kitchen, full bath, two spacious rooms adaptable as bedrooms or private offices, and a breathtaking panoramic view of the surrounding area, this space is primed for success. Plus, its private rear entrance adds a touch of exclusivity and convenience. Don't miss out on this unparalleled opportunity to invest in Lewes, Delaware's dynamic tourist landscape. Act today to seize this chance to diversify your portfolio and unlock the full potential of this remarkable property! **Please DO NOT visit property without scheduling an appointment with licensed agent.**

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Listing Snapshot
Price 
$2,990,000
Days Online 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9 Acres
Year Built 
2007
MLS® Number 
DESU2057444
Status 
Active
Property Tax 
$5,117
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
13 hours agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Cable TVPropanePhone
Parking 
Handicap ParkingLighted ParkingPaved Parking
Construction Materials 
Vinyl Siding
Zoning 
C-1
Acceptable Financing 
CashNegotiable
Interior Features
Flooring 
CarpetVinyl
Heating 
Forced Air
Cooling 
Central A/C
Central Air 
Yes
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Exterior Features
Roof 
Architectural Shingle
Community Features
Accessibility Features 
None
Park Name 
NA
Listing courtesy of Bryan Realty Group (302) 734-4414



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Neighborhood & Commute
Source: Walkscore
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