37239 Rehoboth Avenue Ext, Rehoboth Beach, DE 19971

$1,950,000

Rare opportunity to own an on-Avenue motel in Rehoboth Beach. West of the canal, not in municipal limits, so no city taxes, but is served by water and sewer. 14 guest rooms, plus an owners ensuite with full bath with kitchen and living room. Rear private patio and hot tub and garden. 14-18 car parking, gravel lot. Heat pump in owner's suite, through the wall guest room HVAC's, 2 electric water heaters, roof is about 5 years old, rubber. Keep as a motel or convert to condominiums, apartment, or anything C-1 zoning will permit. The 2021 DelDot AADT is 16,600+.