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New Ground-Floor Retail Space
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1601 COASTAL HWY, Dewey Beach, DE 19971

CommercialLease, DEWEY BEACH, DE

Space Size1,000 SF
Lot Size0.34 Acres
Days on Market521

Property Features for 1601 COASTAL HWY

General Information

Property type Other
Property subtype Retail
Property condition Under Construction
Parking 1
Parking features Parking Lot
Elementary school district CAPE HENLOPEN
Middle school district CAPE HENLOPEN
High school district CAPE HENLOPEN
Standard status Active
Lot size 0.34 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Building materials Combination
Listing Agency: Jack Lingo - Rehoboth
Listed By: Lily Hsu Gosnear · License #RS0036516
Added: Apr 12, 2025 Changed: Aug 19 Last Checked: Sep 14 at 12:06PM
MLS# DESU2083624

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New ground-floor retail units are under construction at 1601 Coastal Highway in Dewey Beach. Each space is delivered as a warm, dark shell with a concrete floor, bathroom, and HVAC, while electrical service is not yet installed. The units are designed for tenant fit-out and may be combined for a larger configuration.

The property fronts southbound Coastal Highway and provides one designated off-street parking space per unit. Each unit contains approximately 1,000+ square feet, with substantial natural light noted in the available spaces. Tenant improvements are subject to the applicable tenant and lease terms, and the property is expected to be ready for fit-out in early June 2025.

Key Highlights

  • Approximately 1,000+ sf per unit
  • Ground‑floor retail units under construction
  • Warm, dark shell with concrete floor and bathroom

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Plumbing Service Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
724
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Grotto Pizza Dining
724 visits/mo 0.0 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Under-construction units offer natural light, HVAC, bathrooms, and dedicated off-street parking along southbound Coastal Highway.
Where is this retail space located?
The property is located at 1601 COASTAL HWY Dewey Beach, DE.
What are key features of this property?
This property features: Approximately 1,000+ sf per unit; Ground‑floor retail units under construction; Warm, dark shell with concrete floor and bathroom
More about this property
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