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17326 Coastal Hwy Lewes, DE 19958

For Sale
$1,275,000

Four-building retail complex, strong income.

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a portfolio of four distinct retail buildings situated on a 0.43-acre lot at 17326 Coastal Highway in Lewes, Delaware. The property boasts significant frontage on Route 1, near the highly trafficked 5 Points intersection, ensuring excellent visibility and accessibility. Currently, four established businesses—a hair salon, flower shop, pool company, and accounting firm—occupy the buildings under long-term leases, generating a substantial annual income of approximately $96,000. The property features an ample paved parking lot, providing convenient parking for customers and employees. All utilities are connected, including public sewer and water. This turnkey investment offers a stable income stream with the potential for future appreciation. The recent return to the market is due to circumstances beyond the seller's control, presenting a rare chance to acquire a well-established, high-performing retail property in a prime Lewes location. The property's strong tenant occupancy and consistent income make it an attractive proposition for investors seeking a reliable and profitable addition to their portfolio. The strategic location and ample parking further enhance the property's value and appeal. This is a truly exceptional opportunity not to be missed.

Property Features for 17326 Coastal Hwy

General Information

Property type
Retail properties
Lot Size
18,731 SF

Building Details

Year Built
1970

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cristina Caldarus BeautyPro/ ... Eyebrow Bar Floral 302 and Flowers ... Florist Premier Tax & Accounting ... Consultant Salon Pink Beauty Salon Gold Star Hvac Contractor

Suggested Use

Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Lewes
County
Sussex
State
Delaware
Longitude
-75.17997
Latitude
38.74882

FAQs

What type of property is this?
Retail property - Four-building retail complex, strong income.
Where is this retail property located?
The property is located at 17326 Coastal Hwy Lewes, DE.
What is the asking price?
The asking price for this property is $1,275,000.
More about this property
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