38967 WILLOW LN Fenwick Island, DE 19944
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID DESU2107644
Year Built 1990
Annual Tax Amount $1,324
Tax Year 2025
Lot Size 4,792 Sqft
Acres 0.11
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The layout is ideal for maximizing both functionality and income potential. A private side entrance leads to a dedicated office space—perfect for a professional business—while a separate second-floor entrance provides access to a potential apartment, ideal for rental income or guest accommodations. The first floor features a spacious family room, primary suite with en suite bath, full kitchen, and a bright sunroom, creating a comfortable residential setting or an inviting space for a boutique business or bed and breakfast.
According to AirDNA, the property has an estimated short-term rental income potential of approximately $91,700 annually, making it an attractive option for investors seeking strong cash flow near the beach.
Ideal for a wide range of uses including medical or professional office, real estate brokerage, salon, boutique retail, or short-term rental. With flexible zoning, multiple access points, and a premier coastal location, this is a rare opportunity to capitalize on both residential and commercial potential just minutes from the area's most popular beach destinations.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning C-1
Interior
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Flooring Carpet, Ceramic Tile, Hardwood
Heat Source Propane - Owned
Exterior
Garage Spaces 8.0
Utilities Available Cable TV, Propane
Water Access N
Roof Type Shingle
Street Surface Black Top
Accessibility Ramp - Main Level
Road Frontage State
Total Parking Spaces 8
Garage N
Building
Lot Description Cleared, Level
Foundation Block, Crawl Space, Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Pets Allowed Y
Tax ID 134-23.20-67.00
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
NEARBY SCHOOL & BUSINESS
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