47 Rehoboth Avenue Rehoboth Beach, DE ^$ 200,000

47 Rehoboth Avenue

^$ 200,000

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47 Rehoboth Avenue

Rehoboth Beach, DE, 19971

^$ 200,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 1,263

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Commercial Property for sale in Rehoboth Beach, DE

for $200,000. This building was built in 1970 on a lot size of 0.11.

Price Reduced following a great 2026 Season! Positioned along the first block of Rehoboth Avenue next to Louies Pizza in the heart of downtown Rehoboth Beach, this rare opportunity offers the sale of a fully built-out, second-generation food service operation with proven seasonal revenue and established customer recognition. The Ritas franchise has successfully operated at the location since 2017 and occupies an approximately 2,000 SF space featuring seating for approximately 24 patrons, upgraded storefront glass installed in 2023, dual HVAC systems replaced in 2025, a 50-gallon grease trap, and excellent street frontage, pedestrian visibility, and signage exposure along one of Delawares premier coastal retail corridors. All furniture, fixtures, and equipment are included in the sale, and the franchise is optional, allowing a buyer to continue the existing Ritas operation or introduce a new concept. Existing lease structure is in place through 12/31/2026 with a new 10-year option available.

Commercial Active

Price

^$ 200,000

Property Type

Commercial

Taxes

^$ 7,225

Style

Restaurant/Bar

Lot Size

0.11

Year Built

1970

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2120934

Features

Interior

Heating Fuel Electric

Flooring Luxury Vinyl Plank Luxury Vinyl Tile Other

Hot Water Instant Hot Water

Total Stories 1

Heating Y/N Y

Central Air Y/N N

Total Restrooms 2

Number of Elevators 0

General

Sewer Public Sewer

Heating Heat Pump(s)

Possession Settlement

Zoning TN

Construction Materials Glass Mixed Other

Year Built 1970

View Ocean Street

Property Subtype Retail

Tax Year 2026

Current Use Restaurant

Business Type Restaurant/Bar

Accessibility Level Entry - Main

County SUSSEX

New Construction N

Property Type Business Opportunity

Water Access Y/N N

Status ACTIVE

Directions From the Rehoboth Beach boardwalk walk west less than a block. Rita's is on the right hand side next to Louie's Pizza.

City REHOBOTH BEACH

MLS Area Lewes Rehoboth Hundred (31009)

Lot Size Units Square Feet

Lot Size Square Feet 4792.00

Tax Annual Amount 7225.0

Property Condition Excellent

Leasable Area 2000

Vacation Rental Y/N N

Virtual Tour https://players.brightcove.net/5782667248001/experience_696fdd160e2b1b76bdb6de76/share.html

Location Type Downtown

Sussex DE Quadrants East of Rt 1

Standard Status Active

Year Built Source Estimated

Legal Subdivision NORTH REHOBOTH

Exterior

Water Source Public

Type of Parking None

Water View Y/N Y

Building Area Total 0.00

Lot Dimensions 50.00 x 100.00

Lot Size Acres 0.11

Lot Size Source Assessor

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 47

* Excluded Features

List By

Dsm Commercial

Broker

bdanahy@dsmre.com

Affordability Calculator

$1,865

Per Month

Monthly Principal & Interest: $1,263
Monthly Property Taxes: $602
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Rehoboth Beach, DE

Average List Price ^$1,987,264

Percent of Sale Price 894%

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
9/20/2026	$200,000		Listed Price

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47 Rehoboth Avenue, Rehoboth Beach, DE, 19971 is a Commercial Property for sale at $200,000 with a lot size of 0.11. 47 Rehoboth Avenue was built in 1970. 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 6.49% 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.

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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47 Rehoboth Avenue

Commercial Property for sale in Rehoboth Beach, DE

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