Renovated Hotel Investment
For Sale
$2,200,000
1546 SAVANNAH Rd, Lewes, DE 19958
For sale hotel property with documented renovations, new well, new HVAC, and security cameras throughout.
Property SizeContact for details
Days on Market29
Property Features for 1546 SAVANNAH Rd
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,768
Building Details
Year Built
1985
Year Renovated
2025
Listing Agency:
Delaware Coastal Realty
(302) 645-9247
Listed By:
Travis Wyshock
(302) 645-9247
Source:
Elliman
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 9 at 7:28AM
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 Delaware Coastal Realty
Investment Insights
Based on property information with market context.
This hotel property is offered for sale with documented improvements and rental income. The building was renovated in 2008 and 2023, with upstairs renovations completed in 2025. Additional upgrades include a new well, new HVAC, a new propane tank, and security cameras throughout the property.
The property is located at 1546 Savannah Rd in Lewes, Delaware.
The seller notes that it is a profitable rental property and indicates that financing may be considered. Bike score is listed as 38 (somewhat bikeable) and walk score as 12 (car-dependent).
The property is located at 1546 Savannah Rd in Lewes, Delaware.
The seller notes that it is a profitable rental property and indicates that financing may be considered. Bike score is listed as 38 (somewhat bikeable) and walk score as 12 (car-dependent).
Key Highlights
- Hotel property built in 1985
- Documented renovations in 2008 and 2023, with upstairs updates in 2025
- New well installed and new HVAC added
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - For sale hotel property with documented renovations, new well, new HVAC, and security cameras throughout.
Where is this hotel located?
The property is located at 1546 SAVANNAH Rd Lewes, DE.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Hotel property built in 1985; Documented renovations in 2008 and 2023, with upstairs updates in 2025; New well installed and new HVAC added
