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 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. 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 11/22/2024 at 4:02 AM UTC

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