34521 POSTAL LN

  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958
  • LEWES, DE 19958

34521 POSTAL LN
LEWES, DE 19958

MLS Number: DESU142362

$9,900,000

Status: Active Under Contract
Sq. Footage: 70,000

Description: Dream of owning your own hotel or Inn. Does that dream include living at the beach. Here is your unique opportunity to own 93 room hotel, located between two amazing beaches. Directly in the middle of all the action Rt 1 has to offer with Lewes in one direction and the award winning beaches of Rehoboth Beach in the other. Fantastic restaurants, shopping, entertainment, golfing and so much more are right at your doorstep. This hotel/Inn is only open seasonally with the strong financials to back it up. But with some tender loving care and the right owner, this is definitely a year around gem just waiting to be polished. The hotel/Inn sits on more than 4 acres of land on what displays like it's own private island, with shopping, restaurants and entertainment within walking distance. There are 93 rooms which break down as follows. 48 Standard rooms each with 2 queen beds. 23 Balcony rooms each with 2 queen beds. 12 Family rooms each with 3 queen beds. 5 ADA compliant rooms with 2 queen beds each and 5 two (2) room suites. The building is 4 stories with a 2,000 sq ft basement. 5 stop elevator. Large pool with patio area and a small health room/cardio area. The building estimated around 70,000 sq ft and with all that it has to offer it has the potential to be one of the areas top accommodation attractions. Part of the rear lot is undeveloped and with the right permits there are some additional options to be had there as well. There is so much untapped potential here. With the right buyer/investor, the returns are there for the taking. Do not let this one get away. Call today for your private showing. More photos room and interior photos to come.

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Description

  • Dream of owning your own hotel or Inn. Does that dream include living at the beach. Here is your unique opportunity to own 93 room hotel, located between two amazing beaches. Directly in the middle of all the action Rt 1 has to offer with Lewes in one direction and the award winning beaches of Rehoboth Beach in the other. Fantastic restaurants, shopping, entertainment, golfing and so much more are right at your doorstep. This hotel/Inn is only open seasonally with the strong financials to back it up. But with some tender loving care and the right owner, this is definitely a year around gem just waiting to be polished. The hotel/Inn sits on more than 4 acres of land on what displays like it's own private island, with shopping, restaurants and entertainment within walking distance. There are 93 rooms which break down as follows. 48 Standard rooms each with 2 queen beds. 23 Balcony rooms each with 2 queen beds. 12 Family rooms each with 3 queen beds. 5 ADA compliant rooms with 2 queen beds each and 5 two (2) room suites. The building is 4 stories with a 2, 000 sq ft basement. 5 stop elevator. Large pool with patio area and a small health room/cardio area. The building estimated around 70, 000 sq ft and with all that it has to offer it has the potential to be one of the areas top accommodation attractions. Part of the rear lot is undeveloped and with the right permits there are some additional options to be had there as well. There is so much untapped potential here. With the right buyer/investor, the returns are there for the taking. Do not let this one get away. Call today for your private showing. More photos room and interior photos to come.

General Details

  • Living Area: 70,000
  • Lot Area: 179,903
  • Property Type: Other
  • County: SUSSEX
  • Year Built: 2004
  • Sewer: Public Sewer
  • Acres: 4

Community Information

  • Zoning: D

Exterior Features

  • Garage(s): N
  • Waterfront: N
  • Waterview: N

Interior Features

  • Heating: Wall Unit, Other
  • Cooling: N
  • Water: Public

Lot Information

  • SqFt: 179,903
  • Dimensions: 0.00 x 0.00

School Information

  • School District: CAPE HENLOPEN

Fees & Taxes

  • County Taxes: $3,846

Other Info

  • Listing Courtesy Of: EXP Realty

Rehoboth Beach Office

20184 Coastal Highway
Rehoboth Beach, DE 19971
302-227-5000
Email

Lewes Office

800 Kings Highway
Lewes, DE 19958
302-645-2881
Email

Seaford Office

22350 Sussex Highway
Seaford, DE 19973
302-629-5575
Email

Milford Office

711 N. DuPont Blvd
Milford, DE 19963
302-422-8200
Email