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18276 Coastal, Lewes, DE 19958

$1,999,999
Commercial Property MLS# 727154 ID: 49787381
$1,999,999 Get Rates

Commercial/Industrial - Lewes, DE
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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Property Features for 18276 Coastal
Status
Market Status
Available
Last Updated
February 23, 2018
Description
Property Type
Commercial Property
Year Built
1960
Approx. Lot Size
1.45 Acres
Sq. Feet
63,162

Building Features

  • Basement
  • New Construction
  • Heating System: Forced Air
  • Roof: Asphalt
  • Central Air

Exterior Features

  • Exterior Construction: Vinyl Siding

Interior Features

  • Floors: Carpet

Listing Features

  • Property Type: Commercial; Commercial/Industrial

Data Provided by Sussex County Association of Realtors MLS

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Jack Lingo, Inc., REALTOR (Lewes), Lewes DE



Data Provided by:
Sussex County Association of Realtors MLS


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More information about this $1,999,999 Commercial Property at 18276 Coastal

This $1,999,999 Commercial Property at 18276 Coastal in Lewes, DE is offered by GREG WOOD. This $1,999,999 Commercial Property, located in the 19958 zip code, has the following property features: New Construction, Floors, Basement, Roof. This 18276 Coastal Commercial Property, located in Sussex County , is listed under MLS listing number 727154 and has a listing price of $1,999,999. You can find more LEWES homes for sale here.