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sales rep | Brivity IDX

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126 2nd St , Lewes, DE 19958
$2,295,000
Est. Payment: $12,550.92/mo
3180 Sqft
0.07 Acres
Status: active | Days on site: 127
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REMAXR - 3257486,3256618
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House Description

Rare investment opportunity in the heart of Historic Lewes, Delaware. Situated on picturesque Second Street in one of the area's most desirable and walk-able commercial districts, this mixed-use property offers a unique combination of retail and residential income in a premier downtown location. The building consists of four fully leased units, including two commercial spaces on the first floor and two residential apartments on the second floor. Unit 128 is occupied by a well-established florist, while Unit 130 serves as a retail storefront. Above, Unit 126 is a spacious two-bedroom, one-bath apartment with a private entrance from Second Street, and Unit 121 is a studio apartment with separate rear access. All four units are fully rented, generating approximately $74,000 in annual rental income. Sale includes real estate only; businesses are not included in the transaction. Positioned just blocks from the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions, this property offers investors the opportunity to own a fully occupied income-producing asset in one of Delaware's most sought-after coastal markets. Whether expanding an investment portfolio or securing a landmark downtown property with long-term appreciation potential, opportunities like this are rarely available in Historic Lewes.

Highlights

Listed by Debbie Reed , 3022273818 and AMY WARICK , 3022273818 RE/MAX Realty Group Rehoboth , 3022274800. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1850

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

School District

Cape Henlopen

Listing ID

DESU2112074

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Interior Features

Air Cond:Central A/C,Multi Units
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:28.00 x 95.00
Zoning:TN
Sewer:Public Sewer
Principal Interest
$12,551
Taxes
$246

Home Price

$2,295,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$459,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,550.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,550.92 $245.98 $0.00 $12,796.90
Yearly $150,611.02 $2,951.81 $0.00 $153,562.83
Total $4,518,330.71 $88,554.30 $0.00 $4,606,885.01
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Lewes, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS