Lewes Real Estate Property For Sale

18276 Coastal, Lewes , Delaware

 

0 Bedrooms
0 Full Bathrooms
Half Baths: 0
Commercial/Industrial
Price: $1,999,999.00

Opportunity awaits a savvy investor. This turn-key operation is the first motel site on Rte 1 South between Rts. 9 and 24. Currently operating as a 9 unit efficiency motel with a separate 4 bedroom house and business office , the site is comprised of 1.45 acres of which more than half remains undeveloped. The current operation could be expanded or razed to make way for a larger multi-story motel. Investors with franchise opportunities would be wise to consider this property. In addition to capturing traffic from the north, the site is only blocks south of Kings Hwy, making it ideally located to capture ferry traffic coming from Cape May. Please schedule all appointments with the listing agent. No visiting the site without the owners permission and being accompanied by the listing agent.


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MLS #: 727154
Price: $1,999,999.00
Waterfront: Waterview:
Address: Coastal
Building Name:
Dwelling Type: Commercial/Industrial
Year Built: 1960
Waterview:
Lot Dimensions: 0
Acreage: 1.45
Dwelling Sq Ft: 63162
Dock:
Garage:

Flooring: Carpet
Heating: Forced Air
Cooling: Central A/C
County Taxes: $1,371
City Taxes: $0
Water Fee: $0
Sewer Fee:
$0
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Listing Broker: JACK LINGO LEWES
Listing Agent: GREG WOOD
Listing Status: Active

Appliances:

Interior Features:

Exterior Features:

HOA Condo Ammenities:


Map locations are approximate. Please contact our sales agent for additional location information.

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