18282 Coastal Highway

Lewes, DE
$ 1,690,000 Beds 0 Baths 0 Sq 63,162
Monthly Estimate* How much can I afford?

**JUST REDUCED** Amazing opportunity to purchase +/-1.46ac of C-1 land on southbound Coastal Highway. One of the last developable property on Coastal Highway! Currently operated as a 9-unit turn-key motel with separate 4 bdrm house/business office. Current operation could be expanded upon or cleared for redevelopment - site is prime with public water/sewer servicing. Excellent location between 5-points and Route 24 servicing both Lewes and Rehoboth markets. Property is located at the junction of King's Highway feeding into downtown Lewes. Please call listing agent to access property, do not approach operating business.

Commercial

  • Price
  • $ 1,690,000
  • Lot Size
  • 1.46 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 63,162
  • Full Bathrooms
  • 0
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Lewes
  • County
  • SUSSEX
  • Style
  • Hotel/Motel
  • Area
  • Lewes Rehoboth Hundred
  • MLS#
  • DESU168740
  • Zip
  • 19958
Listing Provided by: DSM COMMERCIAL

Features

General

Acceptable Financing Cash, Conventional
Accessibility Other
Business Type Hotel/Motel, Other
Construction Materials Vinyl Siding, Other
Cool Fuel Electric
Cooling Ceiling Fan(s), Central A/C
County SUSSEX
Heating Forced Air
Historic Y/N No
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Ownership Fee Simple
Possession Settlement, Negotiable
Price Per Sq Ft 26.76
Property SubType Land for Commercial Use
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Sussex DE Quadrants Between Rt 1 & 113
Total Units 10
Vacation Rental Y/N No
Water Access Y/N No
Zoning C1
Zoning Description Commercial

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 63162.00
Car Parking Spaces 20
Fencing Y/n Yes
Lot Size Acres 1.46
Lot Size Source Estimated
Lot Size Square Feet 63597.60
Navigable Water Y/N No
Total Parking Spaces 20
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Hillsborough, NJ office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/9/2020 Listed $1,850,000
11/13/2020 9% - $1,690,000

Property vs Zip Code Average in 19958

Price
AVG $490K
$1.69M
Visits
AVG 59
42
Year Built
AVG 1983
1960
Walkscore
AVG 39
52
Data Provided by Walkscore ® not using MLS data

Map

18282 Coastal Highway Lewes, DE is a Single Family Home for sale at $1690000 with 63162 sqft and a lot size of 1.46 Acres Acre(s). 18282 Coastal Highway Lewes has 0 bedrooms, 0 baths and was built in 1960. The property's zip code is 19958 which is in Lewes, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.