DE > Rehoboth Beach
Rehoboth Beach, DE 19971,18831 COASTAL HWY
Rehoboth Beach, DE 19971,18831 COASTAL HWY
Rehoboth Beach, DE 19971,18831 COASTAL HWY
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$650,000
Est. payment /mo
5,800 SqFt
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UPDATED:

09/20/2024 03:55 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,800 sqft

Price per Sqft $112

MLS Listing ID DESU2052116

Originating Board BRIGHT

Year Built 1997

Annual Tax Amount $5,970

Tax Year 2023

Lot Size 0.910 Acres

Acres 0.91

Lot Dimensions 159.00 x 250.00

Property Description

OUTSTANDING RESTAURANT OPPORTUNITY In high traffic location DIRECTLY off Rt 1 in Rehoboth Beach DE!! Operators are retiring and parting with this Fully Equipped & Furnished Restaurant with a great reputation for a great time, as well as Beach and American cuisine. Crabby Dicks is a popular local hangout and tourist must see driving year round customers. Crabby Trademark is also available for $100k allowing new operators to continue the retail sales and control the future growth of this popular brand! This is a turn-key opportunity with current staff in place and Strong P&L's available upon request and CA signatures. This location has plenty of parking, storage, and most of the kitchen equip is new or like new. 4+ years remaining on original lease term which would need to be assumed by new operator. This one wont last long, schedule your tour TODAY!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C-1

Interior

Hot Water Natural Gas

Heating Central

Inclusions Equipment list in documents

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 41.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 41

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-12.00-99.00

Ownership Leasehold

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Brandon Ziska • Rinnier Development Co
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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18831 COASTAL HWY

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