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18831 Coastal Highway Rehoboth Beach, DE $ 650,000
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$ 650,000 Get more info
18831 Coastal Highway
$ 650,000
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18831 Coastal Highway

Rehoboth Beach, DE, 19971
$ 650,000
Baths0.0 Sq 5,800

Monthly Estimate*

$ 4,320

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Studio

Commercial Property for sale in Rehoboth Beach, DE

for $650,000. This 5,800 square foot building was built in 1997 on a lot size of 0.91.

OUTSTANDING RESTAURANT OPPORTUNITY In high traffic location DIRECTLY off Rt 1 in Rehoboth Beach DE!! Operators are retiring and parting with this Fully Equipped & Furnished Restaurant with a great reputation for a great time, as well as Beach and American cuisine. Crabby Dicks is a popular local hangout and tourist must see driving year round customers. Crabby Trademark is also available for $100k allowing new operators to continue the retail sales and control the future growth of this popular brand! This is a turn-key opportunity with current staff in place and Strong P&L's available upon request and CA signatures. This location has plenty of parking, storage, and most of the kitchen equip is new or like new. 4+ years remaining on original lease term which would need to be assumed by new operator. This one wont last long, schedule your tour TODAY!

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,970

Style

Restaurant/Bar

Lot Size

0.91

Year Built

1997

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2052116
Features
Interior
Heating Fuel Electric Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N N
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General
Sewer Public Sewer
Heating Central
Possession Immediate
Zoning C-1
Construction Materials Block
Year Built 1997
Property SubType Other
Tax Year 2023
Current Use Restaurant
Business Type Restaurant/Bar
Accessibility 2+ Access Exits
County SUSSEX
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions Located DIRECTLY off Rt 1
City REHOBOTH BEACH
Buyer Agent Compensation 4
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 39640.00
Waterfront Y/N N
Street Name COASTAL
Tax Annual Amount 5970.0
Price Per Sq Ft 112.07
Vacation Rental Y/N N
Days on Market 162
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision LEWES REHBOTH HUNDRED
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions Equipment list in documents
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 5800.00
Lot Dimensions 159.00 x 250.00
Lot Size Acres 0.91
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 4500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 18831
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* Excluded Features
List By
Rinnier Development Co

Broker

bziska@rinnier.com

Email

Affordability Calculator

$4,818
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,320
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/21/2023$650,000 Listed Price

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18831 Coastal Highway, Rehoboth Beach, DE, 19971 is a Commercial Property for sale at $650,000 with 5,800 sqft and a lot size of 0.91. 18831 Coastal Highway is a studio with 0.0 baths and was built in 1997. The property's zip code is 19971 which is in Rehoboth Beach, DE

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