16727 Coastal Hwy Lewes, DE 19958
For Lease
1 / 10
Prime Commercial Opportunity on Coastal Highway — 18355–18357 Coastal Hwy, Lewes, DE. Rare opportunity to acquire a highly visible commercial property along the Coastal Highway (Route 1) corridor in Lewes. This offering includes two adjoining parcels—18355 and 18357 Coastal Hwy—featuring two separate buildings and excellent highway exposure with both ingress and egress directly onto Route 1. The property includes a two-story building with approximately 2,200 square feet of finished space, two bathrooms, and an unfinished basement, along with a separate warehouse building of approximately 3,200 square feet with two bathrooms. A large parking area between the buildings provides convenient access and flexibility for customers, employees, or operational use. A new roof with a 15-year warranty was installed in March 2026, adding long-term value and peace of mind. New furnace office area in house, duct in basement for ac/heat upstairs has new mini split. Shop has new roof, two new mini splits and old furnace taken down in warehouse. Positioned along one of Delaware’s most traveled coastal corridors, this property benefits from strong daily traffic counts, excellent signage visibility, and proximity to Lewes, Rehoboth Beach, and surrounding resort communities. Property Highlights: Two commercial buildings totaling approximately 5,400 SF Direct Route 1 ingress and egress
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Lennox Stores (Parts Plus) Hardware & Home Improvement Home Appliance Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.