$1,215,000
$1,325,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
4,400 SqFt
SOLD DATE : 01/03/2022
Key Details
Sold Price $1,215,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $276
Subdivision None Available
MLS Listing ID DESU165154
Sold Date 01/03/22
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $2,075
Tax Year 2021
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 0.00 x 0.00
Property Description
Looking for new a lifestyle. Premiere boutique motel/ bed and breakfast with 15 rooms. Four blocks to the ocean. Guest walk or ride bikes to the beach. Stunning setting and close to the Sea Colony Resort . Full kitchen, offices and a large living/ dining area perfect for owner / managers. Current owner has increased revenue/ profit consistently over seven years great margins. Turn- key operation established clientele and marketing plan. Great development opportunity (townhomes with a Bethany Beach address located in Sussex County for permitting ) One acre of land rare opportunity. MAKE THIS YOUR BEACH RESORT TODAY !!!
Location
State DE
County Sussex
Area Baltimore Hundred (31001)
Zoning MR
Interior
Hot Water Multi-tank
Heating Baseboard - Electric, Heat Pump(s)
Cooling Wall Unit, Ceiling Fan(s), Programmable Thermostat, Central A/C
Flooring Hardwood, Ceramic Tile, Carpet
Heat Source Propane - Leased
Exterior
Garage Spaces 25.0
Utilities Available Cable TV
Waterfront N
Water Access N
View Garden/Lawn, Courtyard, Trees/Woods
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility Other
Road Frontage Private
Total Parking Spaces 25
Garage N
Building
Lot Description Backs to Trees, Front Yard, Landscaping, Partly Wooded, Private, Rear Yard, Road Frontage, SideYard(s), Subdivision Possible, Trees/Wooded
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID 134-17.11-6.00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with BETH EVANS • Berkshire Hathaway HomeServices PenFed Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "