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Rehoboth Beach Pad Site Hood RoadRehoboth Beach, DE 19971Price: $799,000

  • Price: $799,000
  • 86 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.63Acreage
  • 2021Year Built

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Large pad site,priced to sell w/shared parking + dedicated spaces and stormwater mitigation in place. Ideal for Physicians/Medical/restaurants,to compliment the future Hotel,plus the busy,expanding hospital next door. Site has central utilities in place plus the parking requirement is addressed. Under construction on the larger portion of this site is a luxury Cambria Hotel. The Seller will have the final subdivision work performed to provide a new deed for this pad site. Current address of Lot A Hood Road may change. Central W&S. Purposed for 4900 sf one story building. 2 story office option (maximum 7400 sf building) as per the engineers/w/Seller design approval. Seller can do "all of the work" while developing the new Hotel infrastructure at a cost to be proportional to the pad site,or Buyer can pave their lot and move in sooner. See disclosures. This Commercial lot is behind the Rehoboth Mall,just one off Rte. 24. This privately held land has been known as the Herola land for many decades. The owners held onto it until now,allowing a new commercial corridor to grow organically near the Beebe Medical Center Rte. 24 campus,which is rapidly expanding towards Warrington Road. Route 24 is a major East West corridor near the Beaches. .63 acres with 36 dedicated parking spaces to convey.

Property Details of Rehoboth Beach Pad Site Hood Road

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Listed by SANDRA L WARE of BERKSHIRE HATHAWAY HOMESERVICES GALLO-R

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Real McCoy Team | Coldwell Banker Residential Brokerage participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 26, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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