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    1601 Coastal Hwy Dewey Beach, DE 19971

    For Lease
    Contact for pricing

    CommercialLease - DEWEY BEACH, DE

    Type:Retail
    Lot size:
    0.34 Acres
    Days on Market:
    247
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 1601 Coastal Hwy

    General Information

    Property type
    Other
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    Parking
    1
    Parking features
    Parking Lot
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Combination

    Jack Lingo Realtor, Inc. (302) 226-6407 [email protected]

    Listing agent Lily Hsu Gosnear (302) 227-3883 License #RS0036516

    Listing date Apr 12, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Commercial Units in Dewey

    New ground floor commercial units are available for lease in Dewey Beach, Delaware, situated on the southbound side of Coastal Highway. The units offer high visibility and ample natural light. Each unit includes one designated off-street parking space. The units, each approximately 1,000+ square feet, are offered as a warm, dark shell with a concrete floor, bathroom, and HVAC, but without electric. Tenant improvement allowance is subject to tenant and lease terms. Units can be combined. CAM is to be determined. The property is located in Sussex County, with tenant fit-out expected to be ready in early-June 2025. The lot size is 0.34 acres.
    Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dewey Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.07505265
    Latitude
    38.69217881

    Nearby Similar for Lease

    • Contact for pricing
      1,620 SF

      Retail Space in Dewey Beach

      Retail space available for lease in Dewey Beach, Delaware.
      2206 Coastal Hwy, Dewey Beach, DE 19971
      View Details

    FAQs

    What type of property is this?
    Retail property - New ground floor commercial units with great visibility in Dewey Beach.
    Where is this retail property located?
    The property is located at 1601 Coastal Hwy Dewey Beach, DE.
    What are key features of this property?
    This property features: - New ground floor commercial units in Dewey Beach with high visibility on Coastal Highway.; - Ready for tenant fit-out in early-June 2025.; - Includes one designated off-street parking space per unit.
    (302) 227-3883
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Coastal Hwy Dewey Beach, DE 19971
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