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222 Rehoboth Avenue, Rehoboth Beach, Delaware

$275,000Active

222 Rehoboth Avenue, Rehoboth Beach, Delaware 19971
JACK LINGO REHOBOTH - MLS® ID: 725890

Property Details

222 Rehoboth Avenue, Rehoboth Beach, Delaware 19971 - Well Established Bakery/Coffee Shop which is Profitable and has Positive Cash Flow on Rehoboth Avenue with reasonable lease For Sale. Located 2.5 blocks to the Ocean and Open Year Round. The Bakery is a staple in Rehoboth with a great daily clientele and have been in business for over 18 years. It also has Wholesale capabilities with all the restaurants in town. The business includes Name, all Equipment, Fixtures, Inventory, and has Assumable Lease. Lease Terms: 3 years with a 3 year Option starting at $31,200 annual rent, payable as $2,600 a month. Rent goes up by $100 a month the following year and so on. Tenant is responsible for Utilities, Gas, Electric, Trash, Phone, and Liability Insurance. Live and work at the beach and become part of this great town. What are you waiting for.....

Amenities

  • Zip19971
  • CountySussex
  • SQFT1600
  • StatusActive
  • Purchase TypeActive
  • Property typeBusiness Opportunity
  • Zoning typeC1,Town
  • School districtCape Henlopen
  • Year built2003
  • SewerSewer-Public Central
  • HeatingGas - Propane
  • CoolingCENTRAL A/C
  • Office IDLINGO0
  • Agent IDcha97hel
  • Agent nameCHARLES HELMER
  • MLS® ID725890

Broker: JACK LINGO REHOBOTH

Listing Courtesy of JACK LINGO REHOBOTH

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“Hard work and dedication lead to extraordinary results - always. Dustin and Mariya have built a successful team based on that simple philosophy. Even through a tough real estate market, they have built a thriving business using cutting edge marketing and social media strategies that get properties sold and put buyers into the perfect home. So, if you are looking for extraordinary results, work with The Oldfather Group. ”

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