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.
MLS # | DESU2085744 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract-bright |
Year | 1977 |
Days On Site | 44 |
Listing Provided By | Northrop Realty | Tom Ruch |
Zoning | COMMERCIAL |
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Acreage | 0.34 |
Property View | Canal, Street, Water |
Cooling | Central A/C |
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Heating Yes / No | Yes |
Heating | Central, Forced Air |
Roof | Flat |
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Construction Materials | Other, Brick, Block, Aluminum Siding, Cedar |
Garage Yes / No | No |
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Parking Features | Private |
Utilities | Electric Available, Sewer Available, Water Available |
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Sewer | Public Sewer |
Tax Year | 2024 |
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Tax Annual Amount | 2826 |
State | DE |
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County | SUSSEX DE |
City | FENWICK ISLAND |
Zip Code | 19944 |
Area | Baltimore Hundred (31001) |
School District | INDIAN RIVER |
Listing VS Median (in 19944) | |
Price: $2,395,000 low | high Med: $989,900 On site: 44 low | high Med: 51.000000 |