Lewes, DE 19958,18422 COASTAL HWY
Lewes, DE 19958,18422 COASTAL HWY
Lewes, DE 19958,18422 COASTAL HWY
21
Listed by John McClellan • SVN/Miller Commercial Real Estate
Bought with JOE REED • Cape Realty
$2,450,000
$2,450,000
Est.Price: ?

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1.64 Acres Lot

18422 COASTAL HWY Lewes, DE 19958

Est. payment /mo
SOLD DATE : 12/21/2021

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Key Details

Sold Price $2,450,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DESU2003386

Sold Date 12/21/21

HOA Y/N N

Annual Tax Amount $1,342

Tax Year 2021

Lot Size 1.640 Acres

Acres 1.64

Property Sub-Type Retail

Source BRIGHT

Property Description

Rare retail/development opportunity in the heart of Lewes on the highly sought-after Route 1 corridor! With 209 feet of frontage on Rt 1, the parcel is 338 feet deep and features a +/- 3,000 SF two story building currently home to Willow Marie. The property is adjacent to Shore Distributors and is across the street rom Jiffy Lube, Boulevard Ford Lincoln, Coastline Furniture, and many more. Located just southeast of the Route 9 interchange, the property experiences some of the highest traffic counts in the region (55,000 - 60,000 vehicles per day). The property is zoned C-1 General Commercial lending itself to a myriad of uses (see permitted uses in the Documents tab) and located in the Tier 1 Sussex County Unified Sanitary Sewer District. The property is served by Tidewater Utilities for water. There is existing income on the current building - more information available upon request.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning C-1

Interior

Hot Water Oil

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Garage Spaces 17.0

Water Access N

Accessibility None

Total Parking Spaces 17

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 334-06.00-479.00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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agent

Zachary Foust

Team Leader | License ID: RS-0024322

+1(302) 503-6647

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