20786 Sunset Lane Lewes, DE $ 699,000
20786 Sunset Lane
$ 699,000
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20786 Sunset Lane

Lewes, DE, 19958
$ 699,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 4,646

20786 Sunset Lane, Lewes, DE 19958 - Image 1
20786 Sunset Lane, Lewes, DE 19958 - Image 2
20786 Sunset Lane, Lewes, DE 19958 - Image 3
Studio

Commercial Property for sale in Lewes, DE

for $699,000. This 2,000 square foot building was built in 1950 on a lot size of 0.77.

Amazing business location with high visibility on Rt24 only 800ft from Love Creek! 115 ft. road frontage with a 9 unit Motel on over 3/4 acre. Many conditional use opportunities! Property is currently zoned AR-1. Owner currently in process of tying in to County Sewer, a $40k+ savings for your buyer. Property being sold as-is condition.

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Commercial Contingent

Price

$ 699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 751

Style

Hotel/Motel

Lot Size

0.77

Year Built

1950

Town/City

Lewes

County/Region

Sussex

MLS | Web ID

DESU2057982

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix LANE
Central Air Y/N N
Total Restrooms 8
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General
Sewer On Site Septic Public Hook/Up Avail
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Immediate
Zoning AR-1
Construction Materials Block
Year Built 1950
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Heading West on Rt 24 property is on right just after Love Creek bridge.
City LEWES
Buyer Agent Compensation 2.5
Disclosures Agent Related to Owner
Zoning Description Zoned Ar-1 but has a commercial use as a Motel.
Total Units 8
MLS Area Indian River Hundred (31008)
Lot Size Square Feet 33541.00
Waterfront Y/N N
Street Name SUNSET
Tax Annual Amount 751.0
Price Per Sq Ft 349.5
Acceptable Financing Seller Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 58
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision INDIAN RIVER HUNDRED SUSSEX COUNTY
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2000.00
Lot Dimensions 115.00 x 282.00
Lot Size Acres 0.77
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 20786
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* Excluded Features
List By
Jack Lingo - Rehoboth

Broker

jgeyer05@gmail.com

Email

Affordability Calculator

$4,708
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,646
Monthly Property Taxes
$63
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
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2024$699,000 Listed Price

Map


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20786 Sunset Lane, Lewes, DE, 19958 is a Commercial Property for sale at $699,000 with 2,000 sqft and a lot size of 0.77. 20786 Sunset Lane is a studio with 0.0 baths and was built in 1950. The property's zip code is 19958 which is in Lewes, DE