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    12 Christian St Rehoboth Beach, DE 19971

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    For Sale
    $4,200,000

    Commercial property near beach, restaurants, and shops in Rehoboth Beach.

    Lot size:
    0.23 Acres

    Property Features for 12 Christian St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1984

    Source: Jack Lingo - Rehoboth Agent Lucius Webb

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rehoboth Beach Commercial Property

    This commercial property in Rehoboth Beach is located just two blocks from the beach, restaurants, and shops. Currently operating as the High Seas Motel, it features 32 guest rooms with ensuite baths. The motel is situated next door to the Bellmoor Hotel on Christian Street and Bayard Avenue. The High Seas Motel is open for the 2024 season. The property includes on-site laundry and an office. The motel sits on a 100x100ft lot and includes 16 parking spaces. The roof is 10 years old. An adjacent 50x100ft lot with 22 parking spaces is also available. The property is zoned Commercial C-3.
    Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

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

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

    Similar Places Nearby

    Oyster Bay villas, Rehoboth Inn, Rehoboth Beach, Poodle Beach, Dewey Beach Access

    Location Insight

    • Map
    • Local Demand
    City
    Rehoboth Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.0832046
    Latitude
    38.7148266

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    FAQs

    What type of property is this?
    Motel - Commercial property near beach, restaurants, and shops in Rehoboth Beach.
    Where is this motel located?
    The property is located at 12 Christian St Rehoboth Beach, DE.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - Prime Location: Just 2 blocks from Rehoboth Beach, restaurants, and shops.; - High Revenue Potential: Operating 32-room motel in a popular tourist destination.; - Ample Parking: Includes 16 parking spaces on-site, with an option to purchase an adjacent lot with 22 additional spaces.
    (302) 258-4590
    Request Owner's contact information
    12 Christian St 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
    12 Christian St Rehoboth Beach, DE 19971
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