Building Details

Year Built 1982

Listing Agency: Weichert,Realtors - Beach Bound

Listed By: Robert B. Arlett · License #RB-0020829 Show Phone

Source: Deepcreeklake

Added: Mar 19 Changed: Oct 23 Last Checked: Oct 23 at 11:22AM

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Investment Insights

Based on property information with market context.

The Atlantic Coast Inn presents an opportunity for growth and redevelopment. Located near the shoreline, the property offers convenient access to the beach. The location provides access to nearby shops and restaurants. The motel's location ensures an experience for visitors. The property's proximity to the beach and the local scene supports a steady flow of guests throughout the year. The property is located outside of the town limits of Fenwick Island, potentially simplifying the process of obtaining permits and parking variances. The property is being sold AS IS, WHERE IS. The bike score is 64, indicating it is bikeable, and the walk score is 60, indicating it is somewhat walkable.

Key Highlights

• Prime location: Unparalleled proximity to the beach (location rating of 9.4) offering easy access for guests.
• Redevelopment potential: Outside town limits simplifies permit and parking variance processes, opening opportunities for expansion or renovation.
• Strong business opportunity: Potential for revenue growth due to the desirable location and thriving local scene.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Motels

Suggested Use

Top Pick Auto Repair Shop Dental Office Law Firm Auto Parts Store Big Box & Wholesale Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

368

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 19944, DE

519

Population

1,618

Households

0.3

Avg Household Size

67

Median Age

50%

College-Educated

87%

High-School Grad

1.2 sq mi

ZIP Area

433

Density / Sq Mi

$103,125

Median Household Income

$53,824

Median Earnings

$1,160,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Motel - Vintage motel near the beach with redevelopment potential.

Where is this motel located?

The property is located at 37558 Lighthouse Road Fenwick Island, DE.

What is the asking price?

The asking price for this property is $6,900,000.

What are key features of this property?

This property features: Prime location: Unparalleled proximity to the beach (location rating of 9.4) offering easy access for guests.; Redevelopment potential: Outside town limits simplifies permit and parking variance processes, opening opportunities for expansion or renovation.; Strong business opportunity: Potential for revenue growth due to the desirable location and thriving local scene.