17326 Coastal Hwy Lewes, DE 19958
This exceptional investment opportunity presents a portfolio of four distinct retail buildings situated on a 0.43-acre lot at 17326 Coastal Highway in Lewes, Delaware. The property boasts significant frontage on Route 1, near the highly trafficked 5 Points intersection, ensuring excellent visibility and accessibility. Currently, four established businesses—a hair salon, flower shop, pool company, and accounting firm—occupy the buildings under long-term leases, generating a substantial annual income of approximately $96,000. The property features an ample paved parking lot, providing convenient parking for customers and employees. All utilities are connected, including public sewer and water. This turnkey investment offers a stable income stream with the potential for future appreciation. The recent return to the market is due to circumstances beyond the seller's control, presenting a rare chance to acquire a well-established, high-performing retail property in a prime Lewes location. The property's strong tenant occupancy and consistent income make it an attractive proposition for investors seeking a reliable and profitable addition to their portfolio. The strategic location and ample parking further enhance the property's value and appeal. This is a truly exceptional opportunity not to be missed.
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Cristina Caldarus BeautyPro/ Microblading Hair Salon
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Floral 302 and Flowers On Savannah (Bike/Boat/Book/etc) Store Florist
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Premier Tax & Accounting Inc Consultant
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Salon Pink Hair Salon Nail Salon
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Gold Star HVAC Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.