52 Baltimore Ave

Rehoboth Beach, DE
$ 275,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Make an offer, keep it the same, or the price is low enough for you to completely create your own footprint in Rehoboth Beach. This is your chance to own a restaurant in Rehoboth Beach. You are buying the business only with a long standing lease w/ 5 yr and 5 yr options. The potential is endless with room to expand if you choose, or operate as is in turnkey condition. Keep the current concept or add to or change completely. It is your choice. Locations and operations like this do not come along often. Do not waste time. Make an offer and be the new owner before next summer, owning your own business and living the "Beach Life". This is the business only with a 5yr + option lease.

Pending

  • Price
  • $ 275,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1950
  • Half Bathrooms
  • 0
  • City, Zip
  • Rehoboth Beach
  • County
  • SUSSEX
  • Style
  • Restaurant/Bar
  • Area
  • Lewes Rehoboth Hundred
  • MLS#
  • DESU131228
  • Zip
  • 19971
Listing Provided by: EXP Realty

Features

General

Acceptable Financing Cash, Conventional, Seller Financing
Accessibility None
Business Type Restaurant/Bar
Construction Materials Other
Cool Fuel Electric
Cooling Wall Unit
County SUSSEX
Exclusions Real property. This is a lease with first right of refusal.
Heating Other
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Ownership Other
Possession Immediate
Property SubType Retail
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Sussex DE Quadrants East of Rt 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning COMMERCIAL

Interior Features

Central Air Y/N No
Heating Fuel Propane - Owned
Heating Y/N Yes
Hot Water Propane

Exterior Features

Building Area Total 0.00
Car Parking Spaces 4
Fencing Y/n No
Inclusions Business name, social media, websites, inventory, equipment, pos systems, menus, furniture, training, good faith, signs, logos, assignment of existing 5+ extension lease.
Navigable Water Y/N No
Total Parking Spaces 4
Type of Parking Driveway, On Street
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
  • 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 Bethesda, MD office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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

2/3/2019 Listed $575,325
3/5/2019 28% - $417,325
3/28/2019 11% - $375,000
4/3/2019 14% - $325,000
9/18/2019 16% - $275,000

Property vs Zip Code Average in 19971

Price
AVG $840K
$280K
Visits
AVG 53
363
Year Built
AVG 1998
1950
Walkscore
AVG 38
73
Data Provided by Walkscore ® not using MLS data

Map

52 Baltimore Ave Rehoboth Beach, DE is a Single Family Home for sale at $275000 and a lot size of Acre(s). 52 Baltimore Ave Rehoboth Beach has 0 bedrooms, 0 baths and was built in 1950. The property's zip code is 19971 which is in Rehoboth Beach, 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.