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37128 Rehoboth Avenue Extension , Rehoboth Beach, DE 19971
$4,000,000
Est. Payment: $21,875.24/mo
0.75 Acres
Status: active | Days on site: 163
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COMPASS8 - 3257685,3308802
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House Description

Rare and never before offered, this C-1 commercial opportunity is in one of the most visible and sought-after locations in coastal Delaware. Positioned at the entrance to downtown Rehoboth Beach and along Rt. 1 South, this prominent corner assemblage offers exceptional exposure with frontage on both Rehoboth Avenue and Rt. 1/Coastal Highway. This unique mixed-use commercial property offers a versatile investment or owner-user opportunity situated on approximately 0.75± acres with excellent visibility and access. The site features multiple buildings, on-site parking, public utilities, and dual ingress/egress from Coastal Highway with shared access onto Rehoboth Avenue Extension. Additional exposure is provided by two on-site wooden billboards, enhancing advertising potential and traffic visibility. The current building configurations are: (1) A large three-story corner building with a blank-canvas interior ready for redevelopment, repositioning, or owner-user customization. This building consists of a 4,293± square foot warehouse constructed in 2018 with steel beam construction and a flat roof design. The building features decorative windows and balconies, creating an attractive commercial appearance rarely found in traditional warehouse space. Currently configured as an expansive single-story structure, the building was designed with the potential for conversion to a three-story layout, offering significant future expansion possibilities. (2) The former Point Coffee House, a separate storage building, is a 2,905± square foot restaurant facility featuring a typical restaurant finish along with additional rear warehouse/storage space. The restaurant structure is frame constructed and offers flexibility for restaurant, retail, catering, or service-related operations. (3) There is a 2,213± square foot small warehouse with mezzanine space within a pole building design, ideal for storage, workshop, distribution, or light industrial use. The property is further enhanced with site improvements already in place, making it well suited for a variety of commercial, industrial, retail, restaurant, or redevelopment opportunities in a high-traffic corridor location.With unparalleled visibility, strong traffic counts, and a gateway location serving both downtown Rehoboth Beach and the Rt. 1 corridor, this is a truly unique investment and development opportunity.

Highlights

Listed by Dustin Oldfather , 3022495899 and Luke Thompson , 3025001176 Compass , 3022734998. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.75

Year Built

2020

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

School District

Cape Henlopen

Listing ID

DESU2112364

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Interior Features

Floor:Concrete
Water:Public

Exterior Features

Lot:Corner,Additional Lot(s),Premium,Not New Construction,Horse Property: No
Lot Dimensions:111.00 x 145.00
Garage Capacity:16
Zoning:C-1
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Paved Parking,Private,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$21,875
Taxes
$67

Home Price

$4,000,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$800,000
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:
$21,875.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,875.24 $67.00 $0.00 $21,942.24
Yearly $262,502.87 $804.00 $0.00 $263,306.87
Total $7,875,086.21 $24,120.00 $0.00 $7,899,206.21
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Rehoboth Beach, 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.

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Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS