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38163 Robinsons Drive

REHOBOTH BEACH, DE 19971
  • $2,400,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: DESU2032464
UPDATED: 36 min ago
$2,400,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:

School Ratings & Info

School District:

Description

Successful turn-key restaurant with two 2nd floor residential apartments and additional lot (parking, .08ac) located directly on northbound Coastal Highway (66k VPD) in Rehoboth Beach, DE. Existing, freestanding building is situated on .24ac on the corner of Coastal Highway and Robinsons Drive, the main thru-way to downtown Rehoboth Beach. Excellent visibility and access. Potential for additional development exists with the additional .08ac lot included. Established, thriving year-round restaurant, Just In Thyme - an area mainstay for 38 seasons, all FF&E including 18' hood included. +/-2,800sf restaurant seats 130 (bar & dining room), currently operated for dinner service 7-days/week. Two 2bdrm/1bath separately metered apartments located on the second floor. New roof & HVAC (2016). 38 private parking spaces. Excellent opportunity for owner/user, developer, investor.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Barrows and Associates | Ocean Atlantic Sotheby's International Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-27T22:49:38.217.
www.barrowsandassociates.com/homes/134806802
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38163 Robinsons Drive REHOBOTH BEACH, DE 19971

  • Price: $2,400,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 36 min ago
  • ID#: DESU2032464
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1970
Built
Neighborhood:
Lewes Rehoboth Hundred (31009)
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
Successful turn-key restaurant with two 2nd floor residential apartments and additional lot (parking, .08ac) located directly on northbound Coastal Highway (66k VPD) in Rehoboth Beach, DE. Existing, freestanding building is situated on .24ac on the corner of Coastal Highway and Robinsons Drive, the main thru-way to downtown Rehoboth Beach. Excellent visibility and access. Potential for additional development exists with the additional .08ac lot included. Established, thriving year-round restaurant, Just In Thyme - an area mainstay for 38 seasons, all FF&E including 18' hood included. +/-2,800sf restaurant seats 130 (bar & dining room), currently operated for dinner service 7-days/week. Two 2bdrm/1bath separately metered apartments located on the second floor. New roof & HVAC (2016). 38 private parking spaces. Excellent opportunity for owner/user, developer, investor.
Exterior Features

Construction Materials CombinationStick Built Garage YN No Location Type Highway Parking Features PrivateSurface Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5600.00 Cooling Central A/CCeiling Fan(S)Ductless/Mini-SplitHeat Pump(S) Heating Heat Pump(S) Heating YN Yes Net Square Feet 5600.00

Property Features

Acceptable Financing Conventional Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Restaurant/BarApartment BuildingParking Lot Central Air YN Yes Cooling Fuel Electric Cross Street Coastal Highway Ground Rent Payment Frequency Annually Heating Fuel ElectricPropane - Metered Historic YN No Hot Water 60+ Gallon Tank Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802013045136 Ownership Interest Fee Simple Possession SettlementNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2954.00 Tax Lot 26 Vacation Rental YN No Water Source Public Year Built Effective 2016 Zoning C1

Listing courtesy of Dsm Commercial: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Barrows and Associates | Ocean Atlantic Sotheby's International Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-11-27T22:49:38.217.
 
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Barrows and Associates | Ocean Atlantic Sotheby's International Realty
18949 Coastal Highway Suite 304
Rehoboth Beach DE, 19971