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    18766 John Jay Williams Highway-Plaza 24

    REHOBOTH BEACH, DE 19971
    • $1,900,000
    • STATUS: Active Under Contract
    • ON SITE: 13 days
    • ID#: DESU173340
    Under Contract
    $1,900,000
    • 0
      BEDS
    • 1.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2005
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investor Alert: The modern convenience of this complex is hard to beat! Close to signalized intersection with ample daily traffic patterns, 'Plaza 24' offers 186 feet of road frontage, attractive signage, parking, and features 6,515 sq. feet broken out as follows: 4 units, long term, and 100% leased! Suite1: 1,644 sq. feet (delicious Mexican restaurant), contiguous Suite 2 and 3: 3,288 sq. feet (Cheers Style Pub/Bar) and Suite 4: 1,583 sq. feet (retail packaging/shipping store). Sharply designed solid brick building, parking lot lighting, and location is great for both pedestrian and vehicular accessibility. Flexible C1 zoning with total high combined income (not during Covid) of: $135,000+. Non CAM: grass cutting and exterior maintenance. CAM: Tax, insurance, sewer and trash. Privacy for our tenants: must sign off on confidentiality agreement to view financials.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-11-29T23:50:14.117.
    www.coastline-realty.com/homes/111940513
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    18766 John Jay Williams Highway-Plaza 24 REHOBOTH BEACH, DE 19971

    • Price: $1,900,000
    • Status: Active Under Contract
    • ID#: DESU173340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.28
    Acres
    2005
    Built
    Neighborhood:
    Lewes Rehoboth Hundred (31009)
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    Elementary School:
    Rehoboth
    Middle School:
    Beacon
    High School:
    Cape Henlopen
    School District:
    Cape Henlopen
    Property Description
    Investor Alert: The modern convenience of this complex is hard to beat! Close to signalized intersection with ample daily traffic patterns, 'Plaza 24' offers 186 feet of road frontage, attractive signage, parking, and features 6,515 sq. feet broken out as follows: 4 units, long term, and 100% leased! Suite1: 1,644 sq. feet (delicious Mexican restaurant), contiguous Suite 2 and 3: 3,288 sq. feet (Cheers Style Pub/Bar) and Suite 4: 1,583 sq. feet (retail packaging/shipping store). Sharply designed solid brick building, parking lot lighting, and location is great for both pedestrian and vehicular accessibility. Flexible C1 zoning with total high combined income (not during Covid) of: $135,000+. Non CAM: grass cutting and exterior maintenance. CAM: Tax, insurance, sewer and trash. Privacy for our tenants: must sign off on confidentiality agreement to view financials.
    Exterior Features

    Construction Materials Brick Garage YN No Location Type Highway Lot Features Cleared Parking Features Handicap ParkingPrivatePaved Parking Parking Types Parking Lot Property Condition Very GoodExcellent Riparian Rights YN No Road Surface Type Paved Roof Architectural Shingle View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 6515.00 Cooling Central A/C Heating CentralHeat Pump(S) Heating YN Yes Net Square Feet 6515.00 Security Features Fire Detection System

    Property Features

    Acceptable Financing CashConventional Accessibility Features No Stairs Assessment Year 2020 Association YN No Builder Name Plaza 24 Building Name None Available Building Permits On Hand Business Type Other/General RetailRestaurant/BarConvenience Store/Gas Central Air YN Yes Cooling Fuel Electric Cross Street Route 24 Electric FusesCircuit Breakers Foundation Details Brick/Mortar Gross Income 135000.00 Heating Fuel Electric Hot Water Electric Internet Services Cable Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes Landscaping Original MLSNumber 304398298586 Owner Pays Lawn/Shrub Care Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 601.00 Transportation Bus Stop Less Than 1 Mile Utilities Cable TvElectric AvailablePhone Available Vacation Rental YN No Water Sewer Hookup Fee 0.00 Water Source Public Zoning C-1 Zoning Description Commercial 1

    Listing courtesy of Jack Lingo - Rehoboth.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-11-29T23:50:14.117.
     
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    CoastLine Realty
    31 Saulsbury Road, Suite 2
    Dover DE, 19904