38163 ROBINSONS DR Rehoboth Beach, DE 19971 -- MLS# DESU2032464 Real Estate

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38163 ROBINSONS DR

Rehoboth Beach, DE 19971

FOR

SALE

$2,400,000

For Sale

0.24

Acres

1970

Yr. Built

MLS# DESU2032464

Listed on site 201 days since November 15th, 2022

Property Details

Successful turn-key restaurant with two 2nd floor residential apartments and additional lot (parking, .08ac) located directly on northbound Coastal Highway (66k VPD) in Rehoboth Beach, DE. Existing, freestanding building is situated on .24ac on the corner of Coastal Highway and Robinsons Drive, the main thru-way to downtown Rehoboth Beach. Excellent visibility and access. Potential for additional development exists with the additional .08ac lot included. Established, thriving year-round restaurant, Just In Thyme - an area mainstay for 38 seasons, all FF and E including 18' hood included. + / -2,800sf restaurant seats 130 (bar and dining room), currently operated for dinner service 7-days / week. Two 2bdrm / 1bath separately metered apartments located on the second floor. New roof and HVAC (2016). 38 private parking spaces. Excellent opportunity for owner / user, developer, investor.

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Property Highlights

Status

For Sale

Price

$ 2,400,000

Property Type

Commercial Sale

Acres

0.24

Year Built

1970

Location

County

SUSSEX

Water View

Water Front

Heating, Cooling & Utilities

Heating

Heat Pump(s)

Cooling

Central A/C, Ceiling Fan(s), Ductless/Mini-Split, Heat Pump(s)

Heating Fuel

Electric, Propane - Metered

Navigable Water

Sewer/Septic

Public Sewer

Features

Location Type

Highway

Handicap

Level Entry - Main

Building Details

Parking

Private, Surface

New Construction

Exterior Construction

Combination, Stick Built

Taxes & Terms

Ownership Interest

Fee Simple

Taxes

$2,954

Ownership Interest

Fee Simple

Potential Short Sale

Standard

Listed by Dsm Commercial. Listing Data last updated 4th June, 2023 17:00 MST

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Property History

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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information on this site was last updated 4th June, 2023 17:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MRIS MLS Real estate listings held by brokerage firms other than Crowley Associates Realty, Inc., may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing Data last updated: 4th June, 2023 17:00 MST

All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031