Renovated Mixed-Use
For Sale
$949,900
81 Lake Ave, Rehoboth Beach, DE 19971
Commercially zoned coastal cottage with furnished interiors, outdoor amenities, and flexible space for restaurant, retail, or office use.
Property Size690 SF
Price / SF$1,376
Days on Market22
Property Features for 81 Lake Ave
General Information
Standard status
Active
Size
690 SF
Total Parking Spaces
2
Additional Details
Furnished
Yes
Patio
Yes
Amenities
fenced yard
outdoor shower
Building Details
Year Built
1960
Listing Agency:
Monument Sotheby's International Realty
(302) 745-9914
Listed By:
Kimberly Lear Hamer · License #RS-0013968
Source:
Riverfoxrealty
Added: Aug 8
Changed: Aug 28
Last Checked: Aug 28 at 12:36PM
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 Monument Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 690-square-foot mixed-use property combines a renovated cottage layout with commercial zoning and furnished interiors. The floor plan includes a family room, new kitchen with custom cabinetry, quartz countertops, stainless steel appliances, and subway tile backsplash, plus an eat-in dining area. Additional features include a laundry and mechanical room, owner’s suite with a full bath, flex space configured as an office, and a second sleeping room. The property was built in 1960 and has been professionally furnished and decorated.
Outdoor improvements include a front patio, fenced and landscaped yard, side-yard access, an outdoor shower, and two off-street parking spaces. Restaurant concept plans are available, and the property’s commercial zoning supports consideration of restaurant, boutique retail, professional office, or other mixed-use applications as described in the source information. Located at 81 Lake Ave in Downtown Rehoboth Beach, the property offers a compact commercial setting with both interior and exterior usable areas.
Outdoor improvements include a front patio, fenced and landscaped yard, side-yard access, an outdoor shower, and two off-street parking spaces. Restaurant concept plans are available, and the property’s commercial zoning supports consideration of restaurant, boutique retail, professional office, or other mixed-use applications as described in the source information. Located at 81 Lake Ave in Downtown Rehoboth Beach, the property offers a compact commercial setting with both interior and exterior usable areas.
Key Highlights
- 690‑square‑foot mixed‑use property with commercial zoning
- Renovated interior with new kitchen, custom cabinetry, quartz counters, and stainless steel appliances
- Two off‑street parking spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
17k
Monthly Visits Nearby
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned coastal cottage with furnished interiors, outdoor amenities, and flexible space for restaurant, retail, or office use.
Where is this mixed-use property located?
The property is located at 81 Lake Ave Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 690‑square‑foot mixed‑use property with commercial zoning; Renovated interior with new kitchen, custom cabinetry, quartz counters, and stainless steel appliances; Two off‑street parking spaces
