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
November 22, 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
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Data last updated on 11/22/2024 at 4:02 AM UTC