0 Full Bathrooms
Half Baths: 0
REDEVELOPMENT OR HOSPITALITY EXPANSION OPPORTUNITY! The Driftwood Motel is situated on the busy Route 1 corridor in Lewes, DE. The motel features 9 rooms that are rented on a weekly basis and remain consistently full. Gross rental income for 2021 was in excess of $211,000. The owner is currently limiting rentals to only full weeks. Additional income is likely available to an operator offering shorter term stays. The property is two parcels for a combined 1.45 acres boasting the coveted C1 commercial zoning. The motel is on public utilities. There is a residence towards the rear of the property that has been well maintained. There is currently no income on the home as the operator spends weekends there. This property is a great value add opportunity for a hotel/motel operator or as a redevelopment play along one of the busiest corridors in the state of Delaware. Showings available by appointment only with qualified buyer.
Dwelling Type: Retail
Year Built: 1980
Dwelling Sq Ft: 6900.00
Garage: Parking Lot
Listing Broker: SVN/Miller Commercial Real Estate
Listing Status: Active Under Contract
39824 Hickman Plaza Rd
Bethany Beach, DE 19930
Office hours: Weekdays: Monday-Friday 8:00am-4:00pm,
Saturday 9am-5pm, Sunday 10am-2pm
(Weekend Hours October-April, Saturday 9am-3pm
Closed on Sunday).
All Listings data based on information from Sussex County Association of REALTORS®, Inc which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all it's faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market. Tansey Warner Inc. is a Real Estate licensee in the Sussex License Number: SCAOR07041