222 Rehoboth Avenue, Rehoboth Beach, DE 19971 $100,000

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Price:
$100,000
MLS Number:
725890
Town:
Rehoboth Beach
Square Feet:
1600
Description:
Well Established Bakery/coffee Shop Which Is Profitable And Has Positive Cash Flow On Rehoboth Avenue With Reasonable Lease For Sale. Located 2.5 Blocks To The Ocean And Open Year Round. The Bakery Is A Staple In Rehoboth With A Great Daily Clientele And Have Been In Business For Over 18 Years. It Also Has Wholesale Capabilities With All The Restaurants In Town. The Business Includes Name, All Equipment, Fixtures, Inventory, And Has Assumable Lease. Lease Terms: 3 Years With A 3 Year Option Starting At $31,200 Annual Rent, Payable As $2,600 A Month. Rent Goes Up By $100 A Month The Following Year And So On. Tenant Is Responsible For Utilities, Gas, Electric, Trash, Phone, And Liability Insurance. Live And Work At The Beach And Become Part Of This Great Town. What Are You Waiting For.....

Interior Features

Flooring:
Tile,vinyl
Sewer:
Sewer-public Central
Water:
Public Central Water
Heating:
Gas - Propane
Cooling:
Central A/c

Exterior Features

Exterior Type:
Concrete Block
Roofing Type:
Shingle-asphalt

Additional Details

Lot Size/Acres:
0.00
Community:
South Rehoboth
Year Built:
2003
County:
Sussex
HistoricDistrictYN:
0
InCityLimitsYN:
1
Section:
East Of Rt. 1
New Construction:
No
Property Type:
Commercial Business Only
School District:
Cape Henlopen
List Office Name:
Jack Lingo Rehoboth