DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal...

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For More Information, Contact: Brittany Danahy, CCIM [email protected] 302.227.0768 Office 302.858.8843 Cell DSM Commercial Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com PROPERTY DESCRIPTION Existing turnkey motel property with expansion/redevelopment opportunity! The property consists of two developable parcels along Coastal Highway in Lewes, DE totaling +/-1.46 AC of C-1 zoned land and is currently being operated as a motel with 9 two-room efficiency apartments with individual electric and a separate four bedroom home/office. Current operation could be expanded upon or cleared for redevelopment- site is prime with public water/sewer servicing. Ownership would also consider long-term land lease/pad site development. Please call listing agent to access property-do not approach operating business. LOCATION DESCRIPTION Unbeatable location on Route 1 in Lewes-- situated between 5-points and Route 24 servicing both the Lewes and Rehoboth markets. In addition, the property is located at the junction of King's Highway (which feeds into downtown Lewes) making it ideally located to capture ferry traffic coming from Cape May. PROPERTY HIGHLIGHTS Sale Price: $1,750,000 Building Size: 63,162 SF Lot Size: 1.46 AC Number of rooms: 9 Year Built: 1960 Parking: 22-24 spaces Signage: Yes On-site managers unit HOSPITALITY OFFERING FOR SALE DRIFTWOOD MOTEL 18282 Coastal Highway Lewes, DE 19958

Transcript of DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal...

Page 1: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

PROPERTY DESCRIPTIONExisting turnkey motel property with expansion/redevelopment opportunity! The property consists of two developable parcels along Coastal Highway in Lewes, DE totaling +/-1.46 AC of C-1 zoned land and is currently being operated as a motel with 9 two-room efficiency apartments with individual electric and a separate four bedroom home/office. Current operation could be expanded upon or cleared for redevelopment- site is prime with public water/sewer servicing. Ownership would also consider long-term land lease/pad site development. Please call listing agent to access property-do not approach operating business.

LOCATION DESCRIPTIONUnbeatable location on Route 1 in Lewes-- situated between 5-points and Route 24 servicing both the Lewes and Rehoboth markets. In addition, the property is located at the junction of King's Highway (which feeds into downtown Lewes) making it ideally located to capture ferry traffic coming from Cape May.

PROPERTY HIGHLIGHTS• Sale Price: $1,750,000

• Building Size: 63,162 SF

• Lot Size: 1.46 AC

• Number of rooms: 9

• Year Built: 1960

• Parking: 22-24 spaces

• Signage: Yes

• On-site managers unit

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958

Page 2: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

LEWES, DELAWARE• The Driftwood Motel is conveniently located on Coastal Highway in Lewes, DE,

mid-way between Historic Lewes, Lewes Beach and Rehoboth Beach and is only a 1/2 mile walk or bike ride to the popular Tanger Outlets.

• Lewes, DE is a great walking town--within a half square mile, you will find the historic district, museums, Inns, Bed & Breakfast's, great restaurants and a variety of shops/retail. Located close by is the beautiful Cape Henlopen State Park which boasts miles of gorgeous beaches, nature trails and bird sanctuaries.

• Points of interest include:

o Downtown Lewes

o Lewes and Rehoboth Canal

o Zwaanendael Museum

o Cape Henlopen State Park

o Cape May/Lewes Ferry

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958

Page 3: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958

Page 4: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

Site Plan

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958

Page 5: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958

Page 6: DRIFTWOOD MOTEL HOSPITALITY OFFERING 18282 Coastal …€¦ · Real Estate Services 18949 Coastal Hwy Suite 304 Rehoboth Beach, DE 19971 dsmre.com ... HOSPITALITY OFFERING FOR SALE

For More Information, Contact:

Brittany Danahy, [email protected] Office302.858.8843 Cell

DSM CommercialReal Estate Services

18949 Coastal Hwy Suite 304Rehoboth Beach, DE 19971

dsmre.com

HOSPITALITY OFFERING

FOR SALEDRIFTWOOD MOTEL

18282 Coastal HighwayLewes, DE 19958