1209 COASTAL HWY #9 Under Contract Save Request In-Person Tour Request Virtual Tour
Fenwick Island,DE 19944
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $306
MLS Listing ID DESU2067732
Annual Tax Amount $4,956
Tax Year 2023
Lot Size 0.950 Acres
Property Description
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.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning TN
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Luxury Vinyl Plank,Partially Carpeted
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
View Canal,Panoramic,Street
Roof Type Architectural Shingle,Pitched
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Special Listing Condition Standard