Rehoboth Beach, DE 19971,38163 ROBINSONS DR
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Rehoboth Beach, DE 19971,38163 ROBINSONS DR
Rehoboth Beach, DE 19971,38163 ROBINSONS DR
Rehoboth Beach, DE 19971,38163 ROBINSONS DR
Rehoboth Beach, DE 19971,38163 ROBINSONS DR

$1,875,000

Est. payment /mo

$2,350,000

20.2%
Est.Price: ?

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38163 ROBINSONS DR Rehoboth Beach, DE 19971

0.33 Acres Lot

SOLD DATE : 10/17/2024

Key Details

Sold Price $1,875,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DESU2049350

Sold Date 10/17/24

Originating Board BRIGHT

Year Built 1970

Annual Tax Amount $3,061

Tax Year 2023

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 139.00 x 77.00

Property Description

Incredible investment opportunity in the booming beach town of Rehoboth Beach, Delaware, this +/-.36-acre lot sits on two commercially zoned parcels with great development potential. The 5,600 SF building is currently used as the established and successful restaurant and bar, Just in Thyme, with two 2-bedroom apartments upstairs, both on month-to-month leases and offers parking for 38 cars. With 61 ft of frontage on Coastal Hwy Route 1, the lot has very high visibility year-round and convenient access to both downtown Rehoboth and Dewey Beach. Perfect for an owner/user, developer, investor, or restauranteur, schedule your private tour today!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C1

Interior

Hot Water 60+ Gallon Tank

Heating Heat Pump(s)

Cooling Central A/C, Ceiling Fan(s), Ductless/Mini-Split, Heat Pump(s)

Flooring Carpet, Ceramic Tile, Concrete, Hardwood

Heat Source Electric, Propane - Metered

Exterior

Garage Spaces 57.0

Water Access N

Roof Type Flat,Shingle

Accessibility Level Entry - Main

Total Parking Spaces 57

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-20.09-26.00

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash, Negotiable, Seller Financing

Listing Terms Conventional, Cash, Negotiable, Seller Financing

Financing Conventional,Cash,Negotiable,Seller Financing

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeffrey Stape • Compass
Bought with NON MEMBER • Non Subscribing Office

Lisa Jackson

License ID: MD (5006876) & DE (RS-0038166)

+1(717) 649-7248

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