Sold
CLOSED
300 Coastal Hwy
Fenwick Island DE, 19944
$4,500,000
$250.00 per sqft
Sold
CLOSED
18,000 sqft
Commercial
Built in 1950
Now for sale, The Village of Fenwick. The only Fenwick Island highway retail and restaurant real estate for sale. With 330 foot of direct road frontage, 155-foot southern depth, and 204-foot northern depth, this parcel sits on the canal leading into Lighthouse Cove and the Little Assawoman Bay. This 1.13-acre commercial parcel with 64 parking slots (with access off W Maryland Ave,) has multiple and well-established Fenwick Island restaurants and retail shops comprising 4 large buildings and is ready for you. The total retail space square footage is approximately 18,000 s/f. All shops are tenant occupied- steady income to you. Keep the property as it is or redevelop it to suit. This is a prime commercial highway location with high visibility highway signage and is heavily trafficked with a 10-year median DELDOT AADT of 12,000 plus. Sits right on the canal with waterfront dining and several courtyards. Rent Roll provided to prospective buyers with signed NDA. The tenants have operating businesses, so out of professional courtesy, showings to take place prior to shop(s) daily operating hours.
DESU2014426
MLSⓇ ID
January 27, 2022
Listed
October 2, 2024
Updated
Map
300 Coastal Hwy
Fenwick Island DE, 19944
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
1.13 Acres
Lot Features
Corner Lot, Waterfront
Sewer
Public Sewer
Other Property Details
Taxes
$6,725
Tax Frequency
Annually
Days on Market
23
Garage
No
Parking Total
65
View
Yes
View Description
Water, City, River
County
SUSSEX
Water Source
Public
Pool
No
Waterfront
Yes
Listed by Keller Williams Realty Delmarva
Listing Contact: 3026327407
The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. 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.
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Data last updated on 10/2/2024 at 5:45 AM UTC
