Description
This is a prime location in sought-after fenwick island! this is an extremely rare opportunity to purchase c-1 commercial land in fenwick island de close to the beach and atlantic ocean. a salty breeze carries the scent of the atlantic ocean as you stand on these 4 commercially zoned c-1 parcels in fenwick island. just a few blocks east the waves crash against the shore, a constant reminder of the area's beachside charm. the possibilities are endless. one potential would be a vibrant multifamily community development that caters to a variety of residents seeking a comfortable and convenient beach lifestyle. the development could offer a range of unit sizes, from cozy cottages to spacious multi-bedroom townhomes. the potential for shared amenities adds another layer to the multifamily living experience. perhaps even a swimming pool or fitness center could be incorporated, creating a space for relaxation and healthy living. other possibilities include a shopping center, multiple smaller retail businesses, and/or medical or other professional offices or leave as mobile home parks. this land is close to the fenwick and ocean city beaches, shops, restaurants, mini golf, water parks, and entertainment. the land is located off rt 54 lighthouse rd and is currently used as a mobile home park (gray's lane park) consisting of tax id 134-23.02-75.00-park (18,295 sq ft) and tax id 134-23.02-76.00-park (24,394 sq ft). purchaser must buy both parcels at the same time. the historic fenwick island lighthouse is directly next to the parcel and the historic lighthouse keeper's house is part of the sale. a possible air b&b unique experience for that historic residence awaits! on the opposite side of the road is another mobile home park (fryers lane park), consisting of tax id 134-23.02-56-park (29,621 sq ft) and tax id 134-23.02-57.00-park (30,492 sq ft). purchaser must buy both parcels at the same time. total acreage for the four parcels is 2.34 acres (acreage on the north side of rt. 54 is 1.36 acres and the south side of rt. 54 is .98 acres). mobile homes belong to the tenants. the buyer must honor this season's existing rentals or settle on nov. 1st after this coming rental season ends. property is not in fenwick town limits falls under sussex county.
Property Type
LandSubdivision
Timber WalkCounty
SUSSEXStyle
LandAD ID
45467452
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Property Details
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Interior Features
Water/Sewer
- Water Source : Private
-
Exterior Features
Utility Features
- Sewer: Public Septic
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Property / Lot Details
Lot Information
- Lot Size: 29,621
- Dimensions: 0.00 x 0.00
- Lot Size (Acres): 0.68
- Main Square Feet: 29,621
Property Information
- Total Lot SQ ft: 29,621
- Financing: Cash,Bank Portfolio
- Appx. Lot Dimensions: 0.00 x 0.00
- Total Acreage: 0.68
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Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 203
Lease Information
- Lease Considered: No
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Taxes / Assessments
Tax Information
- Annual Tax: $841
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $20,350
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Acceptable Financing: Cash,Bank Portfolio
- Unit: PARK
Homeowners Association Information
- Direction: Take Coastal Hwy North to Rt 54/Lighthouse Rd. Turn right onto Fryers Ln.
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School, Utilities & Location Details
School Information
- School District: INDIAN RIVER
Utility Information
- Water Source: Private
- Sewer: Public Septic
Location Information
- Direction: Take Coastal Hwy North to Rt 54/Lighthouse Rd. Turn right onto Fryers Ln.
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BuyOwner last updated this listing 12/18/2024 @ 19:42
- MLS: DESU2059922
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Land, with 0 bedrooms which is recently sold, it has 29,621 sqft, 29,621 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of FENWICK ISLAND , in zip code 19944, this SUSSEX County Land , it is in the TIMBER WALK Subdivision, are nearby neighborhoods.