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 227 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

Heating, Cooling & Utilities

Heating

Heat Pump(s)

Cooling

Heat Pump(s)

Heating Fuel

Electric

Navigable Water

Sewer/Septic

Public Sewer

Features

Location Type

Free Standing

Handicap

Other

Building Details

Parking

Handicap Parking, Paved Parking

New Construction

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 25th September, 2023 10:00 MST

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Property History

227 days ago

Property Listed

80 days ago

Date of last price change

22 days ago

Property info last updated

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Listing Data last updated: 25th September, 2023 10:00 MST

1209 COASTAL HWY Unit9 - MLS#DESU2035788 - $1,950,000

Listed by Northrop Realty, Tom Ruch

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