Rehoboth Beach & Lewes Delaware Real Estate

Lewes Real Estate Property For Sale

34521 POSTAL, Lewes , Delaware

 

0 Bedrooms
0 Full Bathrooms
Half Baths: 0
Other
Price: $9,900,000.00

Dream of owning your own hotel or Inn. Does that dream include living at the beach. Here is your unique opportunity to own 93 room hotel, located between two amazing beaches. Directly in the middle of all the action Rt 1 has to offer with Lewes in one direction and the award winning beaches of Rehoboth Beach in the other. Fantastic restaurants, shopping, entertainment, golfing and so much more are right at your doorstep. This hotel/Inn is only open seasonally with the strong financials to back it up. But with some tender loving care and the right owner, this is definitely a year around gem just waiting to be polished. The hotel/Inn sits on more than 4 acres of land on what displays like it's own private island, with shopping, restaurants and entertainment within walking distance. There are 93 rooms which break down as follows. 48 Standard rooms each with 2 queen beds. 23 Balcony rooms each with 2 queen beds. 12 Family rooms each with 3 queen beds. 5 ADA compliant rooms with 2 queen beds each and 5 two (2) room suites. The building is 4 stories with a 2,000 sq ft basement. 5 stop elevator. Large pool with patio area and a small health room/cardio area. The building estimated around 70,000 sq ft and with all that it has to offer it has the potential to be one of the areas top accommodation attractions. Part of the rear lot is undeveloped and with the right permits there are some additional options to be had there as well. There is so much untapped potential here. With the right buyer/investor, the returns are there for the taking. Do not let this one get away. Call today for your private showing. More photos room and interior photos to come.


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MLS #: DESU142362
Price: $9,900,000.00
Waterfront: Waterview: Golf Course,Panoramic,Street,Other
Address: POSTAL
Building Name:
Dwelling Type: Other
Year Built: 2004
Waterview: Golf Course,Panoramic,Street,Other
Lot Dimensions: 0.00 x 0.00
Acreage: 4.13
Dwelling Sq Ft: 70000.00
Dock:
Garage: Parking Lot

Flooring:
Heating: Wall Unit,Other
Cooling: Wall Unit,Other
County Taxes: $3,846
City Taxes: $0
Water Fee: $0
Sewer Fee:
$0
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Listing Broker: EXP Realty
Listing Agent: Hugh Fuller
Listing Status: Active Under Contract

Appliances:

Interior Features:

Exterior Features:

HOA Condo Ammenities:


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