Multi-Building Retail
For Sale
Contact for pricing
45-45 1/2 Lake Avenue, Rehoboth Beach, DE 19971
Two separate buildings on an oversized C-3 lot include retail/commercial space and full basements.
Property SizeContact for details
Days on Market122
Property Features for 45-45 1/2 Lake Avenue
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Retail
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
KW Commercial KW Commercial - Delaware Beaches
(443) 358-0578
Listed By:
Bill Lucks · License #DE RB-0003170
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:47PM
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 KW Commercial KW Commercial - Delaware Beaches
Investment Insights
Based on property information with market context.
This for-sale property includes two separate buildings originally constructed with two residential units and one commercial space, each with a full basement. The buildings have been used as 100% retail/commercial recently, and the intended use should be confirmed with the City of Rehoboth. The property is sold “as is.”
The oversized lot is zoned C-3, which permits both residential and commercial uses. The site is located on Lake Avenue, approximately three blocks from the beach and one block north of the main downtown area behind the new convention center and parking lot. It is also about three miles east of Route 1.
On-site parking includes four off-street spaces. Plans and a curb cut are in place to add another driveway on the west side of the building.
The oversized lot is zoned C-3, which permits both residential and commercial uses. The site is located on Lake Avenue, approximately three blocks from the beach and one block north of the main downtown area behind the new convention center and parking lot. It is also about three miles east of Route 1.
On-site parking includes four off-street spaces. Plans and a curb cut are in place to add another driveway on the west side of the building.
Key Highlights
- Oversized lot zoned C‑3 allows both residential and commercial uses; desired use must be confirmed with the City of Rehoboth.
- Two separate buildings: originally 2 residential units plus 1 commercial space, each with full basement.
- Recently used as 100% retail/commercial (confirm current intended use).
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Apparel 29%
Shops & Services 10%
Grotto Pizza
Dining
5,875 visits/mo
0.4 miles
South Moon Under
Apparel
4,770 visits/mo
0.3 miles
Kilwin's
Dining
2,567 visits/mo
0.3 miles
Dairy Queen
Dining
1,712 visits/mo
0.4 miles
M&T Bank
Shops & Services
1,668 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Windsor's Flowers — 20326 Coastal Hwy, Rehoboth Beach, DE 19971
Frequently Asked Questions
What type of property is this?
Storefront property - Two separate buildings on an oversized C-3 lot include retail/commercial space and full basements.
Where is this storefront property located?
The property is located at 45-45 1/2 Lake Avenue Rehoboth Beach, DE.
What are key features of this property?
This property features: Oversized lot zoned C‑3 allows both residential and commercial uses; desired use must be confirmed with the City of Rehoboth.; Two separate buildings: originally 2 residential units plus 1 commercial space, each with full basement.; Recently used as 100% retail/commercial (confirm current intended use).
