Commercial Land with Redevelopment
New
For Sale
$930,000
1502 Coastal Hwy, Dewey Beach, DE 19971
Zoning requires an active business use and supports a mixed-use building with residential space above.
Property SizeContact for details
Days on Market2
Property Features for 1502 Coastal Hwy
General Information
Standard status
Active
Property subtype
Other
Building Details
Year Built
1940
Listing Agency:
Coldwell Banker Premier
(302) 236-1434
Listed By:
Dennis Barnes · License #RS0015032
Source:
Commercialcafe
Added: Sep 1
Last Checked: Sep 1 at 10:10PM
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 Coldwell Banker Premier
Investment Insights
Based on property information with market context.
This commercial land parcel includes an existing house constructed in 1940 and offers a redevelopment path under the applicable zoning requirements. The current structure could be removed for construction of a three-story building with a business on the first level and residential space on the second and third levels.
A business operated from the site is required under the zoning framework, including for personal-use scenarios. The property is located at 1502 Coastal Hwy in Dewey Beach, Delaware, providing a beach-market setting for a commercial and residential configuration.
A business operated from the site is required under the zoning framework, including for personal-use scenarios. The property is located at 1502 Coastal Hwy in Dewey Beach, Delaware, providing a beach-market setting for a commercial and residential configuration.
Key Highlights
- Commercial land at 1502 Coastal Hwy, Dewey Beach, DE 19971
- Existing house built in 1940
- Three‑story redevelopment concept with business space on level one
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 19971, DE
14,348
Population
16,948
Households
0.8
Avg Household Size
60
Median Age
55%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
797
Density / Sq Mi
$103,301
Median Household Income
$49,905
Median Earnings
$1,383
Median Rent
$561,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Zoning requires an active business use and supports a mixed-use building with residential space above.
Where is this commercial land located?
The property is located at 1502 Coastal Hwy Dewey Beach, DE.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Commercial land at 1502 Coastal Hwy, Dewey Beach, DE 19971; Existing house built in 1940; Three‑story redevelopment concept with business space on level one
