1205 Coastal Highway #300, Dewey Beach, De 19971
List Price $1,600,000
Inquire About This Listing
Looking for the "BEACH LIFE" and your opportunity to own your own business while living at the beach. Well here is your chance. The building alone without the business is worth the price. This property is a free standing unit part of the the Cove Condominiums. You own the 2 bedroom unit above the restaurant and you own the property the restaurant is located in. You can't beat this opportunity. This is what investors dream of. Rent out the top floor unit for summer rentals or keep it for yourself. You can also rent out the bottom floor unit restaurant, keep it for yourself to operate or change the concept completely. The opportunities are endless with this property. This incredible seasonal business has everything you need to just start right up. Location, equipment, menus, recipes, furnishings, and even including the employees already in place. Or, come up with your own ideas and start fresh. It is all up to you. The sale also comes with the condo above. You have your cake and can live in it too. Restaurant is also available for lease with or without the condo.You can buy everything for 1.6m or, you can buy the business and lease just the restaurant for 50k per year or take both the restaurant and the condo above for 70k total per year. You can't beat that for being right in Dewey Beach where all the action is. Don't let this opportunity pass you by.
1205 Coastal Highway #300, Dewey Beach, De
Wall Unit, central, other
Lot Size Dimensions
0.00 X 0.00
Sussex DE Quadrants
Between Rt 1 & 113
Listing courtesy of Exp Realty, Llc.