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20902 Coastal Hwy, REHOBOTH BEACH, DE – $3,250,000

  • $3.3M Price
  • 10,899 Sqft
  • .68 Acres
  • 67 DOM
  • $3.3M Price
  • 10,899 Sqft
  • .68 Acres
  • 67 DOM

20902 Coastal Hwy

Exceptional Investment Opportunity in Rehoboth Beach! – 36-Room Motel with High Occupancy Potential! This 36-room, pet-friendly motel sits on a prime location with 300 feet of C-1 road frontage along Route 1, giving it unparalleled visibility and access for travelers heading to the beach and nearby attractions. Located in one of the East Coast's most popular beach destinations, this motel attracts a steady stream of visitors, from beach-goers to business travelers, ensuring year-round occupancy. Each guest room is designed for comfort and convenience, with essential amenities and a welcoming atmosphere for both guests and their pets—a unique feature that appeals to today’s pet-loving travelers. The property and rooms have been recently remodeled making this a low-maintenance, turnkey operation. With its ideal location, strong curb appeal, and pet-friendly policy, this Rehoboth Beach property offers excellent revenue potential with room to grow and is an ideal acquisition for investors looking to expand their portfolio in the hospitality sector.

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Essential Information

  • MLS® #DESU2074058
  • Price$3,250,000
  • Bathrooms0.00
  • Square Footage10,899
  • Acres0.68
  • Year Built2000
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address20902 Coastal Hwy
  • AreaLewes Rehoboth Hundred (31009)
  • SubdivisionPOYNTERS ADDITION
  • CityREHOBOTH BEACH
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19971

Interior

  • HeatingHeat Pump(s)
  • CoolingHeat Pump(s)

Exterior

  • ExteriorConcrete/Block, Dryvit
  • RoofFlat

School Information

  • DistrictCAPE HENLOPEN

Additional Information

  • Date ListedNovember 15th, 2024
  • Days on Market67
  • ZoningC-1

Listing Details

  • Office Contact(302) 227-6767

Office

Monument Sotheby's International Realty

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Price Change History for 20902 Coastal Hwy, REHOBOTH BEACH, DE (MLS® #DESU2074058)

Date Details Price Change
Active (from Coming Soon) – –

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Listing information last updated on January 20th, 2025 at 11:00am CST.