$182,500
$250,000
27.0%For more information regarding the value of a property, please contact us for a free consultation.
305 COASTAL HWY Fenwick Island, DE 19944
2,000 SqFt
Key Details
Sold Price $182,500
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $91
MLS Listing ID DESU2051168
Sold Date 03/24/25
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $1,415
Tax Year 2023
Lot Dimensions 50.00 x 106.00
Property Sub-Type Other
Property Description
Very Rare business opportunity in Fenwick! Here is a Popular Mexican Restaurant & Bar now available for lease. It has a Great location: in a high-traffic area right on Coastal Hwy., oceanside in Fenwick Island, Delaware near the Ocean City, MD border. Visited by locals and vacationers alike, this end unit business is in a small shopping plaza and has an outdoor patio and cool, funky trolley. That trolley and all the equipment, furniture and décor are included in the sale of the business! The ideal layout has a separate bar area with high top tables & one large table and then the dining room has both high-top & regular tables & chairs plus some bench seating. Winner of the Best Margarita - their Tres-arita 10 years in a row! Remember, Life is Not a Dress Rehearsal!
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning C-1
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 16.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 16
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-23.20-99.00
Ownership Leasehold
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with DANIEL TAGLIENTI • Keller Williams Realty
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