Atlantic Coast Inn
For Sale
$6,900,000
37558 LIGHTHOUSE Rd, Fenwick Island, DE 19944
Vintage motel near the beach with redevelopment potential.
Property SizeContact for details
Days on Market92
Property Features for 37558 LIGHTHOUSE Rd
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
WEICHERT, REALTORS - BEACH BOUND
(302) 542-9783
Listed By:
Charles Ryan Arnold Jr. · License #RB-0020829
(302) 542-9783
Source:
Elliman
Added: May 12
Changed: Jul 10
Last Checked: Aug 11 at 11:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT, REALTORS - BEACH BOUND
Investment Insights
Based on property information with market context.
The Atlantic Coast Inn presents an opportunity for growth and redevelopment. Located near the shoreline, the property offers convenient access to the beach. The location provides access to nearby shops and restaurants. The motel's location ensures an experience for visitors. The property's proximity to the beach and the local scene supports a steady flow of guests throughout the year. The property is located outside of the town limits of Fenwick Island, potentially simplifying the process of obtaining permits and parking variances. The property is being sold AS IS, WHERE IS. The bike score is 64, indicating it is bikeable, and the walk score is 60, indicating it is somewhat walkable.
Key Highlights
- Prime location: Unparalleled proximity to the beach (location rating of 9.4) offering easy access for guests.
- Redevelopment potential: Outside town limits simplifies permit and parking variance processes, opening opportunities for expansion or renovation.
- Strong business opportunity: Potential for revenue growth due to the desirable location and thriving local scene.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19944, DE
519
Population
1,618
Households
0.3
Avg Household Size
67
Median Age
50%
College-Educated
87%
High-School Grad
1.2 sq mi
ZIP Area
433
Density / Sq Mi
$103,125
Median Household Income
$53,824
Median Earnings
$1,160,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Vintage motel near the beach with redevelopment potential.
Where is this motel located?
The property is located at 37558 LIGHTHOUSE Rd Fenwick Island, DE.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Prime location: Unparalleled proximity to the beach (location rating of 9.4) offering easy access for guests.; Redevelopment potential: Outside town limits simplifies permit and parking variance processes, opening opportunities for expansion or renovation.; Strong business opportunity: Potential for revenue growth due to the desirable location and thriving local scene.
