$1,900,000
$1,900,000
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1209 COASTAL HWY #9 Fenwick Island, DE 19944
6,200 SqFt
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $306
MLS Listing ID DESU2067732
Sold Date 02/06/25
Originating Board BRIGHT
Annual Tax Amount $4,956
Tax Year 2023
Lot Size 0.950 Acres
Acres 0.95
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Property Description
Excellent opportunity for anyone looking to invest in a prime commercial or mixed-use property in Fenwick Island. With its ocean block location and direct frontage on Coastal Highway, the property offers high visibility and accessibility, making it ideal for a variety of commercial uses.
The 2019 remodel has significantly enhanced the building's appeal, with coastal design-inspired finishes and architectural details that are sure to attract tenants or customers. The two levels of office space provide flexibility, whether for a single business or multiple tenants. The ample parking, with 20 private spaces, is a significant asset, particularly in a busy coastal area.
For an owner/operator, the possibility of occupying the first floor while renting out other spaces adds an attractive income-generating aspect to the investment. The fact that the property is part of a condominium but does not share in condo fees is another financial advantage.
Given the location, design, and features, this property seems well-suited for businesses seeking a prominent presence in Fenwick Island or for investors looking for a property with both immediate use and long-term redevelopment potential.
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning TN
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Flooring Luxury Vinyl Plank, Partially Carpeted
Heat Source Electric
Exterior
Garage Spaces 20.0
Water Access N
View Canal, Panoramic, Street
Roof Type Architectural Shingle,Pitched
Accessibility Other
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-23.12-228.00-9
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock,Smoke Detector
Special Listing Condition Standard
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Bought with Chris Jett • RE/MAX Advantage Realty
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