Under contract
ACTIVE UNDER CONTRACT
1209 Coastal Hwy #9
Fenwick Island DE, 19944
$1,900,000
$306.45 per sqft
Under contract
ACTIVE UNDER CONTRACT
6,200 sqft
Commercial
Excellent opportunity for anyone looking to invest in a prime commercial or mixed-use property in Fenwick Island. With its ocean block location and direct frontage on Coastal Highway, the property offers high visibility and accessibility, making it ideal for a variety of commercial uses.
The 2019 remodel has significantly enhanced the building's appeal, with coastal design-inspired finishes and architectural details that are sure to attract tenants or customers. The two levels of office space provide flexibility, whether for a single business or multiple tenants. The ample parking, with 20 private spaces, is a significant asset, particularly in a busy coastal area.
For an owner/operator, the possibility of occupying the first floor while renting out other spaces adds an attractive income-generating aspect to the investment. The fact that the property is part of a condominium but does not share in condo fees is another financial advantage.
Given the location, design, and features, this property seems well-suited for businesses seeking a prominent presence in Fenwick Island or for investors looking for a property with both immediate use and long-term redevelopment potential.
DESU2067732
MLSⓇ ID
August 12, 2024
Listed
December 11, 2024
Updated
Map
1209 Coastal Hwy #9
Fenwick Island DE, 19944
Interior Features
Interior Features
Carpet
Appliances
Electric Water Heater
Floor Description
Carpet
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Heat Pump, Electric
Exterior/Building Features
Lot Size
0.95 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$4,956
Tax Frequency
Annually
Days on Market
23
Garage
No
Parking Total
20
View
Yes
View Description
Water, Canal, Street
County
SUSSEX
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/3/2024 | Under contract | — |
Listed by RE/MAX Advantage Realty
Listing Contact: 4435232360
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Bright MLS, Inc. all rights reserved.
Data last updated on 12/11/2024 at 8:11 PM UTC