37558 LIGHTHOUSE RD Active

Fenwick Island,DE 19944

$ 7500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2059662

Originating Board BRIGHT

Year Built 1989

Annual Tax Amount $9,923

Tax Year 2023

Lot Size 1.460 Acres

Acres 1.46

Lot Dimensions 0.00 x 0.00

Property Description

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 they
explore 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 the
thriving 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.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning C-1

Interior

Hot Water Other

Heating Other

Cooling Central A/C,Ceiling Fan(s)

Heat Source Other

Exterior

Garage Spaces 51.0

Utilities Available None

Water Access N

Accessibility Other

Total Parking Spaces 51

Garage N

Building

Sewer Public Sewer

Water Well,Public Hook-up Available

New Construction N

Schools

School District Indian River

Others

Tax ID 134-23.20-80.00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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