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    251 Rehoboth Avenue Ext Rehoboth Beach, DE 19971

    For Sale
    $499,000

    BusinessOpportunity - REHOBOTH BEACH, DE

    Type:Retail
    Lot size:
    0.32 Acres
    Days on Market:
    191
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 251 Rehoboth Avenue Ext

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    18
    Parking features
    Parking Lot
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Building materials
    Stick Built

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

    Listing agent JOHN E LINGO, III (302) 645-2207 License #RS-0019081

    Listing date May 29, 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

    Restaurant Opportunity on Rehoboth Avenue

    This is a rare opportunity to acquire a restaurant business located on Rehoboth Avenue, in the heart of the popular restaurant section of downtown Rehoboth Beach. The business, currently operating as Crushers, includes its own parking lot with 18 spots. The restaurant has 60 seats inside and a full-service bar that seats 12. An outdoor dining area seats 68, enhanced by a picturesque mural and nautical sails. The restaurant is known for hard shell blue crabs, seafood, and its signature appetizer, garlic crab bruschetta, as well as the Crushers Crush signature cocktail. The sale includes the Crushers name and signage, and all contents within the structure. This turn-key opportunity is situated on a 0.32-acre lot. The property is located in REHOBOTH BEACH, DE, 19971, SUSSEX County.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rehoboth Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.0853
    Latitude
    38.71595

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    FAQs

    What type of property is this?
    Restaurant - Restaurant business with parking in the heart of Rehoboth Beach.
    Where is this restaurant located?
    The property is located at 251 Rehoboth Avenue Ext Rehoboth Beach, DE.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime Rehoboth Avenue location WITH ON-SITE PARKING (18 spots).; - Turn-key restaurant business opportunity (Crushers) with established name and signage included.; - High seating capacity: 60 indoor seats and 68 outdoor seats.
    (302) 645-2207
    Request Owner's contact information
    251 Rehoboth Avenue Ext Rehoboth Beach, DE 19971
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    Rehoboth Beach, DE 19971
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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
    251 Rehoboth Avenue Ext Rehoboth Beach, DE 19971
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