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12 Wilmington Ave, Rehoboth Beach, DE 19971

$1,375,000

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List Price: $1,375,000
Price Change: ▼ $75,000 1792619448
Days on Market: 156
Status: ACTIVE
MLS#: DESU2112160
Year Built: 1960
County: Sussex
School District: Cape Henlopen

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Property Description

NEW PRICE!! Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This detached condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access. Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. Property is being SOLD AS-IS. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beach’s most sought-after locations. PACKAGE INVESTOR ALERT, 12 WILMINGTON AVE, A/B COMMERCIAL SPACE & UNIT 7 CONDO UNIT ABOVE IN FRONT BUILDING, ALONG WITH UNIT 2 & 3 EFFICIENCY UNITS IN REAR BUILDING.

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Additional Information

Area: Lewes Rehoboth Hundred (31009)
Building Name: Sea House
School District: Cape Henlopen
Flooring: Hardwood
Heating: Heat Pump
Cooling: Central Air
Roof: Architectural
Water: Public
Sewer: Public Sewer