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408 Rehoboth Ave 4,412 SF Office Building Rehoboth Beach, DE 19971 For Sale
Investment Highlights
- Highly visible frontage along Rehoboth Avenue, the city’s primary commercial route and pedestrian corridor.
- Surrounded by a strong mix of retail, dining, and hospitality operators within a tax-free shopping environment.
- Existing single-story building offers potential for immediate use or redevelopment.
- Steps from the Boardwalk and Atlantic Ocean beachfront, with year-round visitor traffic.
- Flexible C-1 zoning permits a wide variety of commercial and mixed-use concepts.
- Located in a supply-constrained coastal market with durable demand drivers.
Executive Summary
Positioned at 408 Rehoboth Avenue, this property offers one of the few remaining commercial opportunities in the heart of Rehoboth Beach’s core. Located along the city’s primary retail and pedestrian corridor, the site is within a short walk to the Boardwalk and the Atlantic Ocean, ensuring unparalleled foot traffic and visibility. With a manageable ±0.31-acre lot featuring a ±4,412 SF one-story structure, this parcel provides investors and owner-users flexibility for immediate occupancy or adaptive reuse.
The site’s C-1 zoning accommodates a wide range of uses including retail, office, hospitality, and mixed-use concepts, making it well-suited for a high-demand downtown location. Surrounded by a vibrant mix of restaurants, boutiques, and lodging options, this property benefits from Rehoboth Beach’s year-round demand and significant seasonal tourism surge. As a rare, fully built-out infill parcel in a tightly constrained market, this offering represents an exceptional opportunity for redevelopment or repositioning in one of Delaware’s most recognized coastal destinations.
The site’s C-1 zoning accommodates a wide range of uses including retail, office, hospitality, and mixed-use concepts, making it well-suited for a high-demand downtown location. Surrounded by a vibrant mix of restaurants, boutiques, and lodging options, this property benefits from Rehoboth Beach’s year-round demand and significant seasonal tourism surge. As a rare, fully built-out infill parcel in a tightly constrained market, this offering represents an exceptional opportunity for redevelopment or repositioning in one of Delaware’s most recognized coastal destinations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,412 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,412 SF
Building FAR
0.33
Lot Size
0.31 AC
Zoning
Q
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 334-13.20-222.00 | Improvements Assessment | $170,500 |
| Land Assessment | $28,200 | Total Assessment | $198,700 |
Property Taxes
Parcel Number
334-13.20-222.00
Land Assessment
$28,200
Improvements Assessment
$170,500
Total Assessment
$198,700
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