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37558 LIGHTHOUSE RD Fenwick Island, DE 19944 -- MLS# DESU2059662 Real Estate

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37558 LIGHTHOUSE RD
Fenwick Island, DE 19944
FOR
SALE
$8,500,000
For Sale
1.46
Acres
1989
Yr. Built
MLS# DESU2059662
Cumulative Days on Market: 71 (since May 11th, 2024) Data provided by the MLS.

Property Details

Introducing the Crown Jewel of Vintage Hospitality: The Atlantic Coast Inn – Your Gateway to Profitable Luxury! Potential for Growth and Redevelopment of a Vintage Motel!!! The possibilities for redevelopment are endless, and the motel is not within the town limits of Fenwick Island, which makes obtaining permits and parking variances easier. Nestled within a stone's throw of the pristine shoreline, The Atlantic Coast Inn boasts an unparalleled location that beckons beach lovers and adventure seekers alike. With the salty breeze in the air, your guests will revel in the convenience of stepping onto the sun-kissed sands or strolling to the waves at their leisure, with a location rating of 9.4! Imagine your guests immersing themselves in the vibrant energy of the nearby eclectic shops and gourmet restaurants. From charming boutiques to trendy eateries, the motel's prime location ensures an unforgettable experience for every visitor. Capture the essence of coastal living and create lasting memories for your guests as theyexplore the local treasures, all within walking distance! Business Potential!!! The Atlantic Coast Inn is not just a property; it's a savvy investment waiting to unfold. The proximity to the beach, coupled with thethriving local scene, ensures a steady influx of guests year-round. Whether you envision a charming boutique experience or a luxury seaside retreat, the potential for revenue growth is limitless. Contact us now to schedule a private tour and unlock the door to your next lucrative venture. The Atlantic Coast Inn parcel awaits, ready to become the crown jewel of your real estate portfolio.

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Property Highlights

Status
For Sale
Price
$ 8,500,000
Property Type
Commercial Sale
Acres
1.46
Year Built
1989

Location

County
SUSSEX
Water View
No
Water Front
No

Heating, Cooling & Utilities

Heating
Other
Cooling
Central A/C, Ceiling Fan(s)
Heating Fuel
Other
Navigable Water
No
Sewer/Septic
Public Sewer

Features

Handicap
Other

Building Details

New Construction
No
Exterior Construction
Vinyl Siding

Taxes & Terms

Ownership Interest
Fee Simple
Taxes
$9,923
Ownership Interest
Fee Simple
Potential Short Sale
Standard
Listed by Weichert, Realtors - Beach Bound.
Listing Data last updated 07/19/2024 07:53 PM
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Property History

Today
Property information last updated
71 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 71. Data provided by the MLS.

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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 07/19/2024 07:53 PM. 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: 07/19/2024 07:53 PM
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Potential for Growth and Redevelopment of a Vintage Motel!!! The possibilities for redevelopment are endless, and the motel is not within the town limits of Fenwick Island, which makes obtaining permits and parking variances easier. Nestled within a stone's throw of the pristine shoreline, The Atlantic Coast Inn boasts an unparalleled location that beckons beach lovers and adventure seekers alike. With the salty breeze in the air, your guests will revel in the convenience of stepping onto the sun-kissed sands or strolling to the waves at their leisure, with a location rating of 9.4! Imagine your guests immersing themselves in the vibrant energy of the nearby eclectic shops and gourmet restaurants. From charming boutiques to trendy eateries, the motel's prime location ensures an unforgettable experience for every visitor. Capture the essence of coastal living and create lasting memories for your guests as theyexplore the local treasures, all within walking distance! 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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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