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    20905 COASTAL Hwy Rehoboth Beach, DE 19971

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    For Sale
    $1,395,000

    Commercially zoned property near Dewey and Rehoboth Beach.

    Type:Commercial
    Property size:
    1,100 SF
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 5:40 pm

    Property Features for 20905 COASTAL Hwy

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2002

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    Listing Contact
    FRANK HORNSTEIN
    FRANK HORNSTEIN

    Listing agent FRANK HORNSTEIN

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 FRANK HORNSTEIN


    Overview

    Income-Producing Mixed-Use Property

    This commercially zoned, mixed-use property is located on the desirable Forgotten Mile between Dewey Beach and Rehoboth Beach. The property includes three fully leased units, consisting of two residential apartments and one commercial space, providing rental income. The second-floor apartment offers approximately 1,100 square feet and is leased through June 30, 2026. This tenant has been in place for eight years. On the first floor, the 1,100 square foot commercial space is currently leased on a month-to-month basis, allowing flexibility for future investment strategies or owner use. Also on the first level is a 950 square foot apartment, likewise rented month-to-month. Separate electric meters allow tenants to pay their own electricity, while water and sewer are paid by the owner and billed back to tenants. The property offers visibility, rental demand, and possibilities for investors or future redevelopment. The bike score is 66, indicating it is bikeable, and the walk score is 47, indicating it is car-dependent.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rehoboth Beach
    County
    Sussex
    State
    Delaware
    Longitude
    -75.1086
    Latitude
    38.7115

    FAQs

    What type of property is this?
    Mixed-use property - Commercially zoned property near Dewey and Rehoboth Beach.
    Where is this mixed-use property located?
    The property is located at 20905 COASTAL Hwy Rehoboth Beach, DE.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: Prime location on the highly desirable Forgotten Mile, between Dewey Beach and Rehoboth Beach.; Commercially zoned, mixed‑use property offering immediate rental income from three fully leased units.; Strong long‑term investment potential in a sought‑after coastal corridor.
    More about this property
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