12 Christian St, Rehoboth Beach, DE 19971

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,100,000
Status
ACTIVE
Days on Market
4
MLS#
DESU2119864
Subtype
Commercial Sale
Year Built
1984
Lot Size
15,000
Acres
0.34
MLS Area Major
Lewes Rehoboth Hundred (31009)

Property Description

RARE COMMERCIAL OPPORTUNITY IN THE HEART OF DOWNTOWN REHOBOTH BEACH! Acquire the iconic "High Seas Motel," a prime 15,000-square-foot property is ideally situated on a 150x100 foot lot (10 & 12 Christian Street combined), right next door to The Bellmoor Inn & Spa. Just 2 1/2 blocks to the beach and famous Rehoboth Beach Boardwalk, and 1 block south of Rehoboth Avenue. The turn-key facility features 32 guest rooms with ensuite baths, an on-site office, guest laundry facilities, and 38 dedicated blacktop parking spaces. Built with solid block and stick construction, the three-story building includes electric wall heating and cooling units, an updated roof, and full public water and sewer connections. Zoned C-3 Commercial, the property presents endless possibilities to continue operating a high-demand downtown motel, transform it into a boutique bed and breakfast, or explore redevelopment options into apartments, mixed-use commercial space, or residential units. Capitalize on this rare footprint in "The Nation's Summer Capital" with immediate operational income and substantial value-add potential. Call Today!

Additional Information

Taxes
$13,325
Zoning
TN
Heating
Wall Furnace
Air Conditioning
Central Air, Wall Units
Roof
Shingle
Parking Features
Private, Paved
School District
Cape Henlopen
View
City, Other

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Contact: