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Marjorie Dick Stuart

  • Cell 240-731-8079
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1 Virginia Ave, REHOBOTH BEACH, DE – $1,200,000

  • $1.2M Price
  • 6,500 Sqft
  • 51 DOM
  • $1.2M Price
  • 6,500 Sqft
  • 51 DOM

1 Virginia Ave

Prime retail space located directly on the Rehoboth Beach boardwalk! This is a rare opportunity to own 6,500 +/- sqft of oceanfront commercial space on the Rehoboth Beach boardwalk. Just steps away from the sandy beaches and Atlantic Ocean. This property is located on the ground floor of the well-maintained One Virginia Avenue condominium building. Property has the potential to be subdivided into multiple retail and/or office spaces. Current tenants have operated successfully at this location for over 25 years. . Earn 5% +/- ROI, benefit from bonus depreciation deduction, and enjoy superior appreciation from this unique oceanfront investment property. Call to schedule a showing.

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Essential Information

  • MLS® #DESU2077840
  • Price$1,200,000
  • Bathrooms0.00
  • Square Footage6,500
  • Acres0.00
  • Year Built1974
  • TypeCommercial Sale
  • Sub-TypeCondo, Retail
  • StatusActive

Community Information

  • Address1 Virginia Ave
  • AreaLewes Rehoboth Hundred (31009)
  • CityREHOBOTH BEACH
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19971

Amenities

  • UtilitiesPhone Connected, Cable TV
  • Is WaterfrontYes
  • WaterfrontOcean

Interior

  • HeatingHeat Pump(s), Zoned

Cooling

Central A/C, Ceiling Fan(s), Heat Pump(s)

Exterior

  • ExteriorStucco, Concrete/Block

School Information

  • DistrictCAPE HENLOPEN

Additional Information

  • Date ListedMarch 25th, 2025
  • Days on Market51
  • ZoningTN

Listing Details

  • OfficeCape Realty
  • Office Contact(302) 313-1236
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Listing information last updated on May 14th, 2025 at 4:45am CDT.