37558 LIGHTHOUSE Rd Fenwick Island, DE 19944

Building Details

Year Built

1989

Listing Agency WEICHERT, REALTORS - BEACH BOUND c***@weichertbeachbound.com Show Phone

Listed by Charles Ryan Arnold Jr. · License #RB-0020829 Show Phone

Source Elliman

Added: May 12 Updated: Jul 10 at 1:34 pm Checked: Jul 20 at 8:32 am

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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

Property Profile Location Intelligence

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FAQs

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 Rd 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.