126 2Nd Street Lewes, DE $ 2,295,000
126 2Nd Street
$ 2,295,000
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126 2Nd Street

Lewes, DE, 19958
$ 2,295,000
Bedrooms-- Baths-- Sq 3,180

Monthly Estimate*

$ 14,131

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Commercial Property for sale in Lewes, DE

for $2,295,000. This 3,180 square foot building was built in 1850 on a lot size of 0.07.

Rare investment opportunity in the heart of Historic Lewes, Delaware. Situated on picturesque Second Street in one of the area's most desirable and walk-able commercial districts, this mixed-use property offers a unique combination of retail and residential income in a premier downtown location. The building consists of four fully leased units, including two commercial spaces on the first floor and two residential apartments on the second floor. Unit 128 is occupied by a well-established florist, while Unit 130 serves as a retail storefront. Above, Unit 126 is a spacious two-bedroom, one-bath apartment with a private entrance from Second Street, and Unit 121 is a studio apartment with separate rear access. All four units are fully rented, generating approximately $74,000 in annual rental income. Sale includes real estate only; businesses are not included in the transaction. Positioned just blocks from the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions, this property offers investors the opportunity to own a fully occupied income-producing asset in one of Delaware's most sought-after coastal markets. Whether expanding an investment portfolio or securing a landmark downtown property with long-term appreciation potential, opportunities like this are rarely available in Historic Lewes.

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Commercial Coming Soon

Price

$ 2,295,000

Property Type

Commercial

Taxes

$ 2,951

Style

Apartment Building,Flex,/General Retail,Profession

Lot Size

0.07

Year Built

1850

Town/City

Lewes

County/Region

Sussex

MLS | Web ID

DESU2112074

Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 4
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General
Sewer Public Sewer
Heating Baseboard - Electric Heat Pump(s)
Cooling Central A/C Multi Units
Possession Settlement
Zoning TN
Construction Materials Block Frame
Year Built 1850
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Flex Other/General Retail Professional Other
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Possible Use Apartments Clothing Commercial Flex Space Food & Beverage Food Market Investment Mixed Use Office Residential Restaurant
Water Access Y/N N
Status COMING SOON
Directions From Savannah Rd turn onto 2nd St property on left
City LEWES
Number Of Units Total 1
MLS Area Lewes Rehoboth Hundred (31009)
Lot Size Units Square Feet
Lot Size Square Feet 3049.00
Tax Annual Amount 2951.81
Price Per Sq Ft Total AG 721.7
Vacation Rental Y/N N
Location Type Business District
Sussex DE Quadrants East of Rt 1
Standard Status Coming Soon
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking None
Foundation Details Slab
Water View Y/N N
Building Area Total 3180.00
Lot Dimensions 28.00 x 95.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 126
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* Excluded Features
List By
Re/Max Realty Group Rehoboth

Broker

debbie@debbiereed.com

Email

Affordability Calculator

$14,377
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,131
Monthly Property Taxes
$246
Monthly Home Insurance
--
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2026$2,295,000 Listed Price

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126 2Nd Street, Lewes, DE, 19958 is a Commercial Property for sale at $2,295,000 with 3,180 sqft and a lot size of 0.07. 126 2Nd Street was built in 1850. The property's zip code is 19958 which is in Lewes, DE