Excellent opportunity for anyone looking to invest in a prime commercial or mixed-use property in Fenwick Island. With its ocean block location and direct frontage on Coastal Highway, the property offers high visibility and accessibility, making it ideal for a variety of commercial uses. The 2019 remodel has significantly enhanced the building's appeal, with coastal design-inspired finishes and architectural details that are sure to attract tenants or customers. The two levels of office space provide flexibility, whether for a single business or multiple tenants. The ample parking, with 20 private spaces, is a significant asset, particularly in a busy coastal area. For an owner/operator, the possibility of occupying the first floor while renting out other spaces adds an attractive income-generating aspect to the investment. The fact that the property is part of a condominium but does not share in condo fees is another financial advantage. Given the location, design, and features, this property seems well-suited for businesses seeking a prominent presence in Fenwick Island or for investors looking for a property with both immediate use and long-term redevelopment potential.
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.
MOTIVATED SELLER ! Bring offer! Location! Location! This Fenwick Island property is located with direct frontage on Rt 54 just one block from Coastal Hwy, and is zoned residental and commercial C1. Great visibility, with signage allowed for business use. Convenient to the beach , bay, restaurants, stores, and Maryland line. The property is almost 4000 sq. ft. 4/5 bedrooms, 4 bathroom, enormous kitchen, office area, expansive sunroom, lower level patio and outdoor shower. The upstairs can be used as completely separate apartment with large deck and spiral stairs. This property offers so many opportunities ... Air B&B, office , business, multi-use , multi-family, rental, doctors, real estate office, etc. Endless possibilities with this great beach location!
Very Rare business opportunity in Fenwick! Here is a Popular Mexican Restaurant & Bar now available for lease. It has a Great location: in a high-traffic area right on Coastal Hwy., oceanside in Fenwick Island, Delaware near the Ocean City, MD border. Visited by locals and vacationers alike, this end unit business is in a small shopping plaza and has an outdoor patio and cool, funky trolley. That trolley and all the equipment, furniture and décor are included in the sale of the business! The ideal layout has a separate bar area with high top tables & one large table and then the dining room has both high-top & regular tables & chairs plus some bench seating. Winner of the Best Margarita - their Tres-arita 10 years in a row! Remember, Life is Not a Dress Rehearsal!
The median home value in Fenwick Island, DE is $1,500,000. This is higher than the county median home value of $442,700. The national median home value is $338,100. The average price of homes sold in Fenwick Island, DE is $1,500,000. Approximately 25.55% of Fenwick Island homes are owned, compared to 0.52% rented, while 73.93% are vacant. Fenwick Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fenwick Island real estate agent to arrange a tour today!
Fenwick Island, Delaware has a population of 408. Fenwick Island is less family-centric than the surrounding county with 9.49% of the households containing married families with children. The county average for households married with children is 20.2%.
The median household income in Fenwick Island, Delaware is $108,750. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Fenwick Island is 70.6 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 44.9 inches per year, with 11.4 inches of snow per year.