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sales rep | Brivity IDX

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47 Rehoboth Ave , Rehoboth Beach, DE 19971
$200,000
Est. Payment: $1,093.76/mo
0.11 Acres
Status: active | Days on site: 41
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DSM - 3256953
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House Description

Price Reduced following a great 2026 Season! Positioned along the first block of Rehoboth Avenue next to Louie’s Pizza in the heart of downtown Rehoboth Beach, this rare opportunity offers the sale of a fully built-out, second-generation food service operation with proven seasonal revenue and established customer recognition. The Rita’s franchise has successfully operated at the location since 2017 and occupies an approximately 2,000 SF space featuring seating for approximately 24 patrons, upgraded storefront glass installed in 2023, dual HVAC systems replaced in 2025, a 50-gallon grease trap, and excellent street frontage, pedestrian visibility, and signage exposure along one of Delaware’s premier coastal retail corridors. All furniture, fixtures, and equipment are included in the sale, and the franchise is optional, allowing a buyer to continue the existing Rita’s operation or introduce a new concept. Existing lease structure is in place through 12/31/2026 with a new 10-year option available.

Highlights

Listed by BRITTANY DANAHY , 3022270768 DSM COMMERCIAL , 3022270768. Bright MLS

Property Type

Business Opportunity

Lot/Acreage
0.11

Year Built

1970

County

Sussex

Area

Lewes Rehoboth Hundred (31009)

School District

Cape Henlopen

Listing ID

DESU2120934

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Interior Features

Floor:Luxury Vinyl Plank,Luxury Vinyl Tile
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:50.00 x 100.00
Zoning:TN
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Principal Interest
$1,094
Taxes
$602

Home Price

$200,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$40,000
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:
$1,093.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,093.76 $602.08 $0.00 $1,695.85
Yearly $13,125.14 $7,225.00 $0.00 $20,350.14
Total $393,754.31 $216,750.00 $0.00 $610,504.31
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.

IDX service by Blueroof 360

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

© 2026 Bright MLS