Skip To Content
    Return to Previous Page

    1205 Coastal Highway , #300

    DEWEY BEACH, DE 19971
    • $1,600,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: DESU176994
    UPDATED: 17 min ago
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    School District:

    Description

    Looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Well here is your chance. The building alone without the business is worth the price. This property is a free standing unit part of the the Cove Condominiums. You own the 2 bedroom unit above the restaurant and you own the property the restaurant is located in. You can't beat this opportunity. This is what investors dream of. Rent out the top floor unit for summer rentals or keep it for yourself. You can also rent out the bottom floor unit restaurant, keep it for yourself to operate or change the concept completely. The opportunities are endless with this property. This incredible seasonal business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo.You can buy everything for 1.6m or, you can buy the business and lease just the restaurant for 50k per year or take both the restaurant and the condo above for 70k total per year. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by.

    Monthly Payment Calculator



    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bright Home Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-01T16:53:40.36.
    www.brighthomesdelmarva.com/homes/113914396
    Print Image

    1205 Coastal Highway , #300 DEWEY BEACH, DE 19971

    • Price: $1,600,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: DESU176994
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Lewes Rehoboth Hundred (31009)
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    School District:
    Cape Henlopen
    Property Description
    Looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Well here is your chance. The building alone without the business is worth the price. This property is a free standing unit part of the the Cove Condominiums. You own the 2 bedroom unit above the restaurant and you own the property the restaurant is located in. You can't beat this opportunity. This is what investors dream of. Rent out the top floor unit for summer rentals or keep it for yourself. You can also rent out the bottom floor unit restaurant, keep it for yourself to operate or change the concept completely. The opportunities are endless with this property. This incredible seasonal business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo.You can buy everything for 1.6m or, you can buy the business and lease just the restaurant for 50k per year or take both the restaurant and the condo above for 70k total per year. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by.
    Exterior Features

    Construction Materials CombinationFrame Garage YN No Parking Features Private Parking Types OtherOn StreetDriveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Cooling Other Exclusions Some Personal items To Be Negotiated Upon Acceptable Contract Heating Wall UnitCentralOther Heating YN Yes Inclusions All EquipmentInventoryGood FaithFurnishingsMenusPos Net Square Feet 2600.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features Ramp - Main Level Assessment Year 2020 Association YN No Building Name Cove Business Type Restaurant/Bar Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Propane Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304467198431 Ownership Interest Condominium Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 1096.00 Vacation Rental YN No Water Source Public Zoning Tn

    Listing courtesy of Exp Realty, Llc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Bright Home Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-01T16:53:40.36.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304467198431-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304467198431-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304467198431-2.jpg
    Logo
    Bright Home Group | Keller Williams
    14177 Whitesville Rd.
    Delmar DE, 19940