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DE Beaches-Lewes Fish House 17696 Coastal Hwy 3,000 SF Retail Building Lewes, DE 19958 $4,300,000 ($1,433.33/SF)
INVESTMENT HIGHLIGHTS
- Thriving Wholesale & Retail Seafood Business at the Beach
- 288 ft of Road Frontage Route One
- Frontage on Major Beach Corridor, Lewes, DE
EXECUTIVE SUMMARY
Coastal Highway, Wholesale and Retail Business for sale, Major Beach Hwy in DE. Fee simple C-1 lands & improvements, Beach Restaurant Market.
Very strong NOI. (Net operating income is a key measure of a property's financial health and success. A strong NOI not only enhances property value and market appeal but also provides stability during market shifts and unexpected challenges). Owner willing to stay on up to 6 months (negotiable) to train and assist in operating businesses.
The Route One Coastal Hwy exposure has 288 ft of Roadway frontage. The improvements include a windmill. Need a completed CA for additional financial information. Sellers will entertain offers for both businesses without the fee simple real estate.
Very strong NOI. (Net operating income is a key measure of a property's financial health and success. A strong NOI not only enhances property value and market appeal but also provides stability during market shifts and unexpected challenges). Owner willing to stay on up to 6 months (negotiable) to train and assist in operating businesses.
The Route One Coastal Hwy exposure has 288 ft of Roadway frontage. The improvements include a windmill. Need a completed CA for additional financial information. Sellers will entertain offers for both businesses without the fee simple real estate.
DATA ROOM Click Here to Access
- Miscellaneous
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built/Renovated
1994/2007
Price
$4,300,000
Price Per SF
$1,433.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.86 AC
Zoning
C1 - Commercial C-1
Parking
14 Spaces (4.67 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
ABOUT 17696 COASTAL HWY , LEWES, DE 19958
Southern DE beaches, Commercial Land w/Coastal Hwy frontage. Rare opportunity to own both a Wholesale & Retail Seafood business along a major Beach Road, with a Lewes, DE address. There are 2 businessess on parcel 532, one Retail and the other Wholesale. Confidentiality Agreement is required for financials. Known as Lewes Fishhouse, this 30+ year thriving enterprise/offered w/all improvements, fee simple. Windmill & Solar are both owned by the Sellers. 288 ft of Highway Frontage. Possible to purchase both businesses separate. Call agent for details.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- The Lewes FishHouse
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| The Lewes FishHouse | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 334-06.00-532.00 | Improvements Assessment | $15,700 |
| Land Assessment | $5,000 | Total Assessment | $20,700 |
PROPERTY TAXES
Parcel Number
334-06.00-532.00
Land Assessment
$5,000
Improvements Assessment
$15,700
Total Assessment
$20,700
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DE Beaches-Lewes Fish House | 17696 Coastal Hwy
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