12 Christian Street Rehoboth Beach, DE $ 4,600,000
12 Christian Street
$ 4,600,000
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12 Christian Street

Rehoboth Beach, DE, 19971
$ 4,600,000
Baths0.0 Sq 10,000

Monthly Estimate*

$ 30,573

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Studio

Commercial Property for sale in Rehoboth Beach, DE

for $4,600,000. This 10,000 square foot building was built in 1984 on a lot size of 0.23.

Rehoboth Beach Commercial property just 2 Blks to the beach, restaurants & shops. High Seas Motel offers 32 Guest Rooms w/ensuite baths next door to the Bellmoor Hotel on Christian & Bayard Ave. High Seas now open for the 2024 Season is available for $4.6M. High Seas Motel on a 100x100ft lot includes 16 parking spaces. Adjacent lot 10 on a 50x100ft lot has 22 parking spaces available for $2.2M. Motels require 1 parking space per room. On site laundry & office. Imagine owning a destination in Rehoboth, the Nations Summer Capital. Roof 10 yrs old. Home & apartment next door on 50x100ft lot available for $2.2M Zoned Commercial C-3.

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Commercial Active

Price

$ 4,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,004

Style

Hotel/Motel

Lot Size

0.23

Year Built

1984

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2055300

Features
Interior
Heating Fuel Electric
Flooring Carpet Tile/Brick
Hot Water Multi-tank Propane
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 32
Entry Level 1
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General
Sewer Public Sewer
Heating Wall Unit
Cooling Wall Unit
Utilities Electric Available Cable TV Sewer Available
Possession Settlement
Roof Shingle
Zoning TN
Construction Materials Block Stick Built Concrete
Year Built 1984
Electric 200+ Amp Service
View Street Scenic Vista City
Property SubType Land for Commercial Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel
Accessibility 36 + wide Halls
County SUSSEX
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Residential Parking Multi-Family Office Mixed Use Hotel/Motel Bed & Breakfast Apartment Building Investment
Water Access Y/N N
Status ACTIVE
Directions Rehoboth Avenue to Right on Bayard Avenue then Right on Christian Street High Seas Motel is on left after Bellmoor Hotel
City REHOBOTH BEACH
Buyer Agent Compensation 2
Total Units 0
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Square Feet 10000.00
Waterfront Y/N N
Street Name CHRISTIAN
Tax Annual Amount 5004.7
Property Condition Good
Price Per Sq Ft Total 460.0
Acceptable Financing Cash Exchange Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 107
Location Type Downtown
Sussex DE Quadrants East of Rt 1
Standard Status Active
Year Built Source Estimated
Legal Subdivision SOUTH REHOBOTH
Tax Lot 12
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Lot Features Road Frontage Subdivision Possible Additional Lot(s)
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab Block Concrete Perimeter
Water View Y/N N
Building Area Total 10000.00
Lot Dimensions 100.00 x 100.00
Lot Size Acres 0.23
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Estimated
Door Features Insulated
Road Responsibility City/County
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 12
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* Excluded Features
List By
Jack Lingo - Rehoboth

Broker

luciusrwebb@yahoo.com

Email

Affordability Calculator

$30,990
Per Month
99%
1%
0%
Monthly Principal & Interest
$30,573
Monthly Property Taxes
$417
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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$4,600,000 -25.81% Price Down
2/3/2024$6,200,000 Listed Price

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12 Christian Street, Rehoboth Beach, DE, 19971 is a Commercial Property for sale at $4,600,000 with 10,000 sqft and a lot size of 0.23. 12 Christian Street is a studio with 0.0 baths and was built in 1984. The property's zip code is 19971 which is in Rehoboth Beach, DE