Commercial: MLS #DESU2118548 Bethany Beach, DE $ 359,900
Commercial: MLS #DESU2118548
$ 359,900
Recently Listed
Share Save

Commercial: MLS #DESU2118548

Bethany Beach, DE, 19930
$ 359,900
Bedrooms-- Baths-- Sq 1,000

Monthly Estimate*

$ 2,272

MLS #/Web ID: DESU2118548 - Image 1
MLS #/Web ID: DESU2118548 - Image 2
MLS #/Web ID: DESU2118548 - Image 3
MLS #/Web ID: DESU2118548 - Image 4
MLS #/Web ID: DESU2118548 - Image 5
MLS #/Web ID: DESU2118548 - Image 6
MLS #/Web ID: DESU2118548 - Image 7
MLS #/Web ID: DESU2118548 - Image 8

Commercial Property for sale in Bethany Beach, DE

for $359,900. This 1,000 square foot building was built in 2010.

Multi-location bicycle retail and rental business. For 37 years, our brand has been a trusted fixture in the community. Over nearly four decades, it has evolved from a traditional local bike shop into a synergistic 3-store regional network backed by a high-margin, app-driven rental operation that generates predictable annual revenues. What Makes This Opportunity Unique: Established 3-Store Footprint: Acquiring this business provides instant market presence across three distinct retail locations. Each store is equipped with complete repair tooling, fixtures, point-of-sale systems, and established commercial leases. Turnkey Staff & Operations: With $130,000 in existing annual employee payroll, the daily operations are powered by a trained, dedicated staff of mechanics, retail associates, and rental coordinators. You are acquiring an operational frameworknot just a job. High-Margin Automated Rental Business: Generating $150,000 annually, our rental division operates on a modern, reservation app platform that simplifies booking, customer check-in, and inventory tracking with minimal labor overhead. Strong Margins & Cash Flow: Maintaining an overall 50% gross margin, the business delivers strong, defensible earnings with clear W-2 officer salary and S-Corp distribution histories. Growth Capital : Negotiable inventory of approximately $200,000 in total clean retail stock and active, cycle-ready rental fleet inventory. We are seeking a qualified buyer who will continue our 37-year legacy of quality service while taking advantage of the expansion potential across our three stores and growing rental business. 3-Store Bicycle Retail & Rental Enterprise

See more

Commercial Active

Price

$ 359,900

Property Type

Commercial

Taxes

$ 0

Style

General Retail

Year Built

2010

Town/City

Bethany Beach

County/Region

Sussex

MLS | Web ID

DESU2118548

Features
Interior
Heating Fuel Electric
Flooring Fully Carpeted Tile/Brick
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
See more
General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Cable TV Multiple Phone Lines
Possession 0-30 Days CD
Roof Unknown
Zoning COMMERCIAL
Construction Materials Stick Built Other
Exclusions INVENTORY
Year Built 2010
Property Subtype Retail
Current Use Retail
Business Type Other/General Retail
Accessibility 2+ Access Exits
Business Name The FENWICK ISLANDER BICYCLE SHOP OCEAN CYCLES AND FARM CYCLES
County SUSSEX
New Construction N
Property Type Business Opportunity
Possible Use Retail
Water Access Y/N N
Status ACTIVE
Directions AGENT WILL ACCOMPANY
City BETHANY BEACH
Disclosures Agent Related to Owner
MLS Area Baltimore Hundred (31001)
Number of Units Leased 3
Property Condition Excellent
Price Per Sq Ft Total AG 359.9
Acceptable Financing Cash Conventional Negotiable Private Seller Financing
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Location Type Downtown
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
Lease Amount Frequency Annually
Association Recreation Fee N
See more
Exterior
Water Source Public
Inclusions LIST OF INCLUSIONS ARE LISTED SEPARATELY. OWNER CONSULTING ASSISTANCE FOR 4 MONTHS
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 1000.00
Water Body Type Ocean
Waterfront Y/N N
Other Equipment Negotiable See Remarks Some
Navigable Water Y/N N
Water Oriented Y/N Y
See more
Internal Only
Street Number 1 33000
See more
* Excluded Features
List By
Sea Grace @ North Beach Realtors

Broker

jananewton@icloud.com

Email

Affordability Calculator

$2,272
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,272
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$359,900 Listed Price

Map


See all