Mixed-Use Downtown
126 2ND St Lewes, DE 19958
For Sale
$2,295,000
Pending
Four fully leased units combine first-floor retail and second-floor residential apartments.
Days on Market36
Property Features for 126 2ND St
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1850
Listing Agency:
RE/MAX Realty Group Rehoboth
(302) 227-3818
Listed By:
Debbie Reed · License #RS-0010229
(302) 227-3818
Source:
Elliman
Added: Jun 25
Changed: Jul 21
Last Checked: Jul 29 at 9:17AM
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
Location Intelligence
Current Use
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 St 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)
