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1209 COASTAL HWY Unit9 Fenwick Island, DE 19944 -- MLS# DESU2035788 Real Estate

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1209 COASTAL HWY Unit9
Fenwick Island, DE 19944
UNDER
CONTRACT
$1,950,000
Under Contract
9999
Yr. Built
MLS# DESU2035788
Listed on site 232 days since February 9th, 2023

Property Details

Freestanding 6200 square foot prime commercial building in Fenwick Island - beach block location, with direct fronting on Coastal Highway. Outstanding opportunity to own a turn-key property offering magnificent visibility with supreme access on Coastal Hwy. Recently remodeled, this property offers two robust levels of commercial office space showcasing coastal design-inspired finishes and architectural details inside and out. Inside guests and clients are welcomed with a quaint brick floor vestibule foyer that opens to the grand reception area at the ready for any, and all business large or small. The adjacent substantial lobby features a stunning fireplace, accented by a shiplap feature wall with a built-in coffee bar and beverage center, and abundant space for guest seating. On the main level is a kitchen break room with pantry, 7 office spaces, a conference room, 4 restrooms and numerous generously sized storage rooms. The upper level offers 2400 square feet of space, a blank slate yet to be imaged, potentially providing 4-5 more dedicated offices, large open collaboration area, bonus space, and 3 restrooms. There are 20 private parking spaces with this property.The first floor space currently occupied by multiple tenants, allowing this to be purchased and used by an owner / operator while also collecting rental income or purchased by an investor who recognizes the value in the underlying real estate while leasing the balance of the space for additional income. The property is part of the adjacent condominium, but it does not share in condo fees.Don’t miss this outstanding opportunity to own on the highly visible Coastal Highway in Fenwick Island. Call for an appointment today!Some images in the tour and brochure have been virtually staged.

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Property Highlights

Status
Under Contract
Price
$ 1,950,000
Property Type
Commercial Sale
Year Built
9999

Location

County
SUSSEX
Water View
Yes
Water Front
No

Heating, Cooling & Utilities

Heating
Heat Pump(s)
Cooling
Heat Pump(s)
Heating Fuel
Electric
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Location Type
Free Standing
Handicap
Other

Building Details

Parking
Handicap Parking, Paved Parking
New Construction
No
Exterior Construction
Vinyl Siding, Shingle Siding
Exposure
Architectural Shingle, Pitched

Taxes & Terms

Ownership Interest
Condominium
Taxes
$4,724
Ownership Interest
Condominium
Potential Short Sale
Standard
Listed by Northrop Realty.
Listing Data last updated 29th September, 2023 20:00 MST
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 30-Sep-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2023 Buying Buddy. All calculations should be independantly verified.
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Property History

232 days ago
Property Listed
85 days ago
Date of last price change
27 days ago
Property info last updated

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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 29th September, 2023 20:00 MST. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of BRIGHT 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: 29th September, 2023 20:00 MST
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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

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