This Hotel & Motel property is For Sale.

34 6th Street
Rehoboth Beach, DE 19971 ·

12 Rooms · Hotel & Motel For Sale

$2,350,000

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The Canalside Inn

Price $2,350,000 Property Use Type Vacant/Owner-User
No. Rooms 12 Commission Split 3%
Building Size 6,894 SF No. Stories 2
Price/Room $195,833.33 Corridor Interior
Property Type Hotel & Motel Lot Size 0.22 AC
Property Sub-type Full Service APN / Parcel ID 334-13.20-178.00
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Listing ID: 18618071 Date Created: 03/20/2014 Last Updated: 01/11/2016

Description

The Canalside Inn, a spectacular 12-room boutique hotel with well appointed managers suite located in downtown Rehoboth Beach is available for sale. This amazing property has been featured in Travel & Leisure and Budget Travel magazines and boasts solid occupancy numbers, repeat customer base and NOI. Assumable SBA Loan available with favorable terms. Call or email for confidentiality agreement.

Building on the best that Rehoboth has to offer, the Canalside Inn, a casual and contemporary boutique-style Inn, stands out as a cut above the ordinary. Sophistication, style, and affordability define the Canalside Inn. Situated across from the picturesque Lewes-Rehoboth Canal, the Canalside Inn is ideally located a short walk from the hustle and bustle of Rehoboth Avenue, the bandstand, the boardwalk, and the beach. In the evenings, you' ll appreciate the peaceful, quiet location. Rehoboth Beach has been long known as the Nation's Summer Capital but with the growing shoulder season, Rehoboth is now a year round destination and area where many have chosen to plant roots due to the low cost of living (no sales tax, minimal property taxes, etc). Located just 120mi from both Philadelphia and Washington, D.C., Rehoboth is an easy day-trip for the over 6mm people visit Rehoboth each year.

Research

34 6th Street, Rehoboth Beach, DE 19971 (Sussex County)

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