Bought with DURWOOD BENNETT • BENNETT REALTY
$2,375,000
$2,395,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
1204 COASTAL HWY Fenwick Island, DE 19944
14,810 SqFt
Key Details
Sold Price $2,375,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 14,810 sqft
Price per Sqft $160
MLS Listing ID DESU2085744
Sold Date 09/02/25
Year Built 1977
Annual Tax Amount $2,826
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 150.00 x 150.00
Property Sub-Type Retail
Source BRIGHT
Property Description
RARE OPPORTUNITY for commercial-zoned property in the heart of Fenwick Island, DE. Strip mall fully-leased with multiple long-term tenants. Improvements built on 1202 and 1204 Coastal Hwy, with a combined 150' x 150' lot size and 2 entrances. Unique location situated with canal directly behind building for a peek of the water from ground level. Could maintain current-use or potential to redevelop in the future as mixed-use or residential units with water views. Contact agent for more information.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Central, Forced Air
Cooling Central A/C
Flooring Concrete
Heat Source Electric
Exterior
Garage Spaces 16.0
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
View Canal, Street, Water
Roof Type Flat
Street Surface Black Top
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls, No Stairs
Total Parking Spaces 16
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-23.12-95.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Negotiable, Conventional, Private
Listing Terms Cash, Negotiable, Conventional, Private
Financing Cash,Negotiable,Conventional,Private
Special Listing Condition Standard
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