34521 Postal Ln

Estimated Monthly Payment: $48,308/mo 34521 Postal Ln, Lewes, DE 19958 MLS# DESU142362 Commercial Sale Listing Status: ACTIVE UNDER CONTRACT
130
398
0
8

REMARKS:

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.

OVERVIEW:

Commercial Sale
ACTIVE UNDER CONTRACT
BRIGHT
2004
4.13
179903
Wall Unit, Other
Electric
Wall Unit, Other
Public
Public Sewer

FINANCIAL:

9900000
37954
37954

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of EXP Realty

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charlotte A. Stoudt Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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