18289 Coastal Highway, Lewes, DE 19958 | MLS DESU2057444 | Listing Information | Berkshire Hathaway HomeServices PenFed Realty | Berkshire Hathaway HomeServices PenFed Realty
FOR SALE
$2,990,000  

18289 Coastal Highway
Lewes, DE 19958

Mixed Use, Business Opportunities
Commercial
0.9
Acres Lot
Courtesy: Bryan Realty Group
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.**
DESU2057444
Mixed Use, Business Opportunities, 2 Story
SUSSEX
2007
0.9 Acres
Public
2
Vinyl siding
Public Sewer
NONE AVAILABLE
Propane
4 Total
Interior Features
Appliances
Electric Water Heater
Flooring
Vinyl, Carpet
Cooling
Central Air
Heating
Other. Forced Air.
Exterior / Lot Features
Parking
58 Parking Spaces.
Exterior
Vinyl
Roof
Shingle
Lot Dimensions
150.00 x 262.00
Financial Considerations
334-6.00-72.00
$5,117
Courtesy: Bryan Realty Group
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