Mixed-Use Downtown
For Sale
$2,295,000
126 2ND Street, Lewes, DE 19958
Four fully leased units combine first-floor retail and second-floor residential apartments.
Property SizeContact for details
Days on Market93
Property Features for 126 2ND Street
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Lease Term
[]
Additional Details
Multifamily Units
2
Building Details
Year Built
1850
Tenancy
Multi
Listing Agency:
RE/MAX Realty Group Rehoboth
(302) 227-3818
Listed By:
Debbie Reed · License #RS-0010229
Source:
Deepcreeklake
Added: May 24
Changed: Aug 23
Last Checked: Aug 23 at 5:52AM
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 RE/MAX Realty Group Rehoboth
Investment Insights
Based on property information with market context.
This mixed-use building features two commercial spaces on the first floor and two residential apartments on the second floor, with all four units fully leased. Unit 128 is occupied by a florist, and Unit 130 is a retail storefront. Unit 126 is a two-bedroom, one-bath apartment with a private entrance from Second Street, and Unit 121 is a studio apartment with separate rear access.
The property is located in downtown Historic Lewes, with the public remarks noting proximity to the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions.
Sale includes the real estate only; businesses are not included in the transaction. The four units are described as generating approximately $74,000 in annual rental income.
The property is located in downtown Historic Lewes, with the public remarks noting proximity to the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions.
Sale includes the real estate only; businesses are not included in the transaction. The four units are described as generating approximately $74,000 in annual rental income.
Key Highlights
- Mixed‑use building with four fully leased units: two first‑floor commercial spaces and two second‑floor residential apartments
- Annual rental income of approximately $74,000 with all units fully rented
- Unit 128 is occupied by an established florist; Unit 130 is a retail storefront (sale includes real estate only; businesses not included)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 65%
Shops & Services 35%
Lloyd's Market
Groceries
5,220 visits/mo
0.4 miles
M&T Bank
Shops & Services
2,852 visits/mo
0.1 miles
Demographics for 19958, DE
27,911
Population
19,410
Households
1.4
Avg Household Size
61
Median Age
49%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
590
Density / Sq Mi
$91,445
Median Household Income
$49,124
Median Earnings
$1,654
Median Rent
$488,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four fully leased units combine first-floor retail and second-floor residential apartments.
Where is this mixed-use property located?
The property is located at 126 2ND Street Lewes, DE.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Mixed‑use building with four fully leased units: two first‑floor commercial spaces and two second‑floor residential apartments; Annual rental income of approximately $74,000 with all units fully rented; Unit 128 is occupied by an established florist; Unit 130 is a retail storefront (sale includes real estate only; businesses not included)
