12 Wilmington Avenue Rehoboth Beach, DE ^$ 1,750,000

12 Wilmington Avenue

^$ 1,750,000

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12 Wilmington Avenue

Rehoboth Beach, DE, 19971

^$ 1,750,000

Bedrooms-- Baths-- Sq 500

Monthly Estimate*

^$ 10,775

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Commercial Property for sale in Rehoboth Beach, DE

for $1,750,000. This 500 square foot building was built in 1960.

Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This detached condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access. Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. Property is being sold as-is. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beachs most sought-after locations.

Commercial Active

Price

^$ 1,750,000

Property Type

Commercial

Taxes

^$ 896

Style

Restaurant/Bar

Year Built

1960

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2112160

Features

Interior

Heating Fuel Electric

Flooring Hardwood

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

Entry Level 1

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession Settlement

Roof Architectural Shingle

Zoning TN

Construction Materials Concrete Masonry

Year Built 1960

Property Subtype Mixed Use

Tax Year 2025

Ownership Condominium

Cool Fuel Electric

Business Type Restaurant/Bar Other

Building Name Sea House

Accessibility Other

County SUSSEX

New Construction N

Property Type Commercial Sale

Possible Use Commercial

Water Access Y/N N

Status ACTIVE

Directions Ocean block of Wilmington Ave. down on the right towards boardwalk.

City REHOBOTH BEACH

Number Of Units Total 0

MLS Area Lewes Rehoboth Hundred (31009)

Tax Annual Amount 896.0

Property Condition Good

Price Per Sq Ft Total AG 1150.56

Acceptable Financing Cash Conventional

Lease Considered Y/N N

Vacation Rental Y/N N

Location Type Downtown

Sussex DE Quadrants East of Rt 1

Standard Status Active

Year Built Source Estimated

Legal Subdivision SOUTH REHOBOTH

Association Recreation Fee N

Exterior

Water Source Public

Type of Parking None

Foundation Details Block

Water View Y/N N

Building Area Total 1521.00

Lot Dimensions 0.00 x 0.00

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12

* Excluded Features

List By

Jack Lingo - Rehoboth

Broker

mrod@jacklingo.com

Affordability Calculator

$10,850

Per Month

Monthly Principal & Interest: $10,775
Monthly Property Taxes: $75
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Rehoboth Beach, DE

Average List Price ^$2,444,136

Percent of Sale Price 40%

About Rehoboth Beach, DE

1,574 Population

6% Since 2002

^$100,563 Median Income

62.99 Median Age

2% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/18/2026	$1,750,000		Listed Price

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12 Wilmington Avenue, Rehoboth Beach, DE, 19971 is a Commercial Property for sale at $1,750,000 with 500 sqft. 12 Wilmington Avenue was built in 1960. The property's zip code is 19971 which is in Rehoboth Beach, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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12 Wilmington Avenue

Commercial Property for sale in Rehoboth Beach, DE

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