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$ 7,500,000
Est. payment /mo
Active
37558 LIGHTHOUSE RD Fenwick Island, DE 19944
1.46 Acres Lot
UPDATED:
12/12/2024 08:10 PM
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.
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
Listed by Robert B. Arlett • Weichert, Realtors - Beach Bound