Fenwick Island DE Commercial for Sale

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Type:
Other
Sq.Ft.:
6,200
Status:
Active
Beds:
n/a
Lot size:
0.95 Acres
Baths:
MLS#:
DESU2067732

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.46 Acres
Year built:
1989
Baths:
MLS#:
DESU2059662

ADDITIONAL INFORMATION

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.

Type:
Mixed Use
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1940
Baths:
MLS#:
DESU2056568
Subdivision:
None Available

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
2,500
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
2.00
MLS#:
DESU2051168

ADDITIONAL INFORMATION

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!

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.



Fenwick Island Real Estate

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.

Fenwick Island Weather

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.

Fenwick Island Real Estate Market Conditions

  • Median sales price

    $1,500,000
    17.3% change since last quarter
  • # Active listings

    23
    30-day change

Fenwick Island Schools and Demographics

Education near Fenwick Island, DE

Metric City County
High School Graduates 93.75 89.64
College Degree - 2 year 6.25 9.41
College Degree - 4 year 54.17 30.4
Graduate Degree 17.97 9.72
Expenditures per Student 17,270 17,270
Students per Teacher 14.3 14.3

Elementary Schools near Fenwick Island, DE

School Grades Students P/T Ratio ZIP
Clayton (John M.) Elementary School PK - 05 588 15.5 19945
East Millsboro Elementary School PK - 05 770 15.7 19966
Long Neck Elementary School PK - 05 763 15.9 19966
Lord Baltimore Elementary School PK - 05 662 15.4 19970
Showell (Phillip C.) Elementary School PK - 05 359 12.4 19975
Southern Delaware School of the Arts 01 - 08 402 14.9 19975

Middle Schools near Fenwick Island, DE

School Grades Students P/T Ratio ZIP
Millsboro Middle School 06 - 08 656 13.4 19966
Selbyville Middle School 06 - 08 731 16.6 19975

High Schools near Fenwick Island, DE

School Grades Students P/T Ratio ZIP
Indian River High School 09 - 12 859 13 19945

Ungraded Schools near Fenwick Island, DE

School Grades Students P/T Ratio ZIP
Carver (G.W.) Educational Center 01 - 12 49 3.5 19945

Demographics near Fenwick Island, DE

Metric City County
Neighborhood Type Small town
Population 408 234,045
Population Density 1,233 250
Median Age 70.6 50.7
People per Household 2 2.4
Median Household Income 108,750 68,886
Average Income per Capita 88,069 39,066