37558 Lighthouse Road Fenwick Island, DE $ 8,500,000
37558 Lighthouse Road
$ 8,500,000
Share Save

37558 Lighthouse Road

Fenwick Island, DE, 19944
$ 8,500,000
Baths0.0

Monthly Estimate*

$ 56,494

37558 Lighthouse Road, Fenwick Island, DE 19944 - Image 1
37558 Lighthouse Road, Fenwick Island, DE 19944 - Image 2
37558 Lighthouse Road, Fenwick Island, DE 19944 - Image 3
37558 Lighthouse Road, Fenwick Island, DE 19944 - Image 4
37558 Lighthouse Road, Fenwick Island, DE 19944 - Image 5
Studio

Commercial Property for sale in Fenwick Island, DE

for $8,500,000. This building was built in 1989 on a lot size of 1.46.

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.

See more

Commercial Active

Price

$ 8,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,923

Style

Hotel/Motel

Lot Size

1.46

Year Built

1989

Town/City

Fenwick Island

County/Region

Sussex

MLS | Web ID

DESU2059662

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
See more
General
Sewer Public Sewer
Heating Other
Cooling Central A/C Ceiling Fan(s)
Utilities None
Possession Settlement
Zoning C-1
Construction Materials Vinyl Siding
Year Built 1989
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Hotel/Motel
Accessibility Other
County SUSSEX
New Construction N
Property Type Commercial Sale
Possible Use Hotel/Motel Restaurant Apartments Bar/Tavern/Lounge Bed & Breakfast Beer/Wine/Liquor Car Wash Commercial Development Mixed Use Residential Retail Shopping Center
Water Access Y/N N
Status ACTIVE
Directions Please follow GPS
City FENWICK ISLAND
Buyer Agent Compensation 2
Total Units 0
MLS Area Baltimore Hundred (31001)
Lot Size Square Feet 63598.00
Waterfront Y/N N
Street Name LIGHTHOUSE
Tax Annual Amount 9923.0
Property Condition Excellent
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 18
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
See more
Exterior
Water Source Well Public Hook-up Available
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.46
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 37558
See more
* Excluded Features
List By
Robert B. Arlett

Listing Agent

Selbyville - Weichert, Realtors - Beach Bound

Broker

Affordability Calculator

$57,321
Per Month
99%
1%
0%
Monthly Principal & Interest
$56,494
Monthly Property Taxes
$827
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$8,500,000 Listed Price

Map


See all

37558 Lighthouse Road, Fenwick Island, DE, 19944 is a Commercial Property for sale at $8,500,000 with a lot size of 1.46. 37558 Lighthouse Road is a studio with 0.0 baths and was built in 1989. The property's zip code is 19944 which is in Fenwick Island, DE