18282 Coastal Highway, Lewes, DE 19958

$1,850,000
List Price
$1,850,000
Days On Market
14
Status
ACTIVE
MLS#
DESU139794
Lot Size (Acres)
1.46
Year Built
1960
County
Sussex

Property Description

Amazing opportunity to purchase +/-1.46ac of C-1 land on southbound Coastal Highway. Currently operated as a 9-unit turn-key motel with separate 4 bdrm house/business office. Current operation could be expanded upon or cleared for redevelopment - site is prime with public water/sewer servicing. Excellent location between 5-points and Route 24 servicing both Lewes and Rehoboth markets. Property is located at the junction of King's Highway feeding into downtown Lewes. Ownership will also entertain long-term land lease/padsite development. Please call listing agent to access property, do not approach operating business.

Additional Information

Area
Lewes Rehoboth Hundred (31009)
Heating
Forced Air
Heating Fuel
Electric
Cooling
Ceiling Fan(s), Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of DSM COMMERCIAL.