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67 Lake Ave
Rehoboth Beach, DE 19971
Bewitched & BEDazzled Bed & Breakfast · Hospitality Property For Sale · 3,063 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.11 AC
Building Size 3,063 SF
No. Stories 2
Year Built 1943
Parking Ratio 4.57/1,000 SF
Corridor Interior
Zoning Q

AMENITIES

  • High Speed Internet Access
  • Bed & Breakfast
  • Public Access Wifi

ABOUT 67 LAKE AVE , REHOBOTH BEACH, DE 19971

This unique property currently running as a well-established B&B compound (named Bewitched and BEDazzeled) has many possibilities to include being established as a weekly rental or casual family compound. Enjoy the total of 14 bedrooms, 12.5 bathrooms (12 bedrooms each with a private bath) two kitchens, plenty of living space, four season front porch, large backyard deck with hot tub, two kitchens, off-street parking for 14 vehicles and much more! Furnishings and decor, including collectible memorabilia items are included as well as a database of over 20,000 client names and email addresses. Also, there are not many rental homes in downtown Rehoboth Beach of this size and caliber which makes this property a great investment opportunity. By installing a pool, this property has to potential to generate over $225K in annual gross rental income. If continued to operate as a B&B, the property will generate over $400K in annual gross revenue (running only 10 months out of the year). Easy access to shops, restaurants, night life, and to the boardwalk beach and located on the recently beautifully streetscaped Lake Avenue!

  • Listing ID: 12289985

  • Date on Market: 4/17/2018

  • Last Updated:

  • Address: 67 Lake Ave, Rehoboth Beach, DE 19971

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