REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

CB Premier

cbpadmin@premiermove.com +1(888) 617-5470

$ 1,900,000

Est. payment -/mo

Save

Under Contract

1209 COASTAL HWY #9 Fenwick Island, DE 19944

6,200 SqFt

UPDATED:

09/24/2024 04:08 AM

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

Originating Board BRIGHT

Annual Tax Amount $4,956

Tax Year 2023

Lot Size 0.950 Acres

Acres 0.95

Lot Dimensions 0.00 x 0.00

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

Fireplace N

Heat Source Electric

Exterior

Garage Spaces 20.0

Waterfront N

Water Access N

View Canal, Panoramic, Street

Roof Type Architectural Shingle,Pitched

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Indian River

Others

Tax ID 134-23.12-228.00-9

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock,Smoke Detector

Special Listing Condition Standard

Listed by Chris Jett • RE/MAX Advantage Realty

CB Premier

Agent

+1(888) 617-5470

GET MORE INFORMATION

OTHER HOMES TO CONSIDER

CB Premier

CB Premier

1209 COASTAL HWY #9 Fenwick Island, DE 19944

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

1209 COASTAL HWY #9