DE > Rehoboth Beach > Poynters Addition
Rehoboth Beach, DE 19971,20902 COASTAL HWY
Rehoboth Beach, DE 19971,20902 COASTAL HWY
Rehoboth Beach, DE 19971,20902 COASTAL HWY
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by BLAIR CHERICO • Monument Sotheby's International Realty
$3,250,000
Est. payment /mo
0.68 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Subdivision Poynters Addition

MLS Listing ID DESU2074058

Year Built 2000

Available Date 2024-11-15

Annual Tax Amount $12,672

Tax Year 2024

Lot Size 0.680 Acres

Acres 0.68

Lot Dimensions 300.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

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

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

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Bright MLS (BMLS)

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agent

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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20902 COASTAL HWY

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