Description
Great opportunity to acquire a fully occupied investment property with strong cash flow. This mixed-use Commercial/Residential building consists of 4 units 3 residential & 1 commercial. Sitting in a prime location on Rt. 44/Winthrop Street in Rehoboth, the property has great visibility from the main road. RPR data shows traffic counts of over 13,000 each day & it features a large lot with parking for over 40 vehicles. The building has an estimated total of 6,698 Gross sqft of living area, of which the recently renovated (2014) restaurant holds 2,599 square feet. Additional office and storage space in the basement, as well as walk-in & freezer. The restaurant has separate heat, a/c, & utilities. Do not miss this opportunity for a fantastic income property, future office space, or retail space. The property comes complete with a bar, and a list of restaurant equipment will be conveyed upon request. The thriving Restaurant business is not part of the sale.
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0BEDS
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0.91ACRES
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0BATHS
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01/2 BATHS
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6,689SQFT
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$112$/SQFT
School Ratings & Info
Description
Great opportunity to acquire a fully occupied investment property with strong cash flow. This mixed-use Commercial/Residential building consists of 4 units 3 residential & 1 commercial. Sitting in a prime location on Rt. 44/Winthrop Street in Rehoboth, the property has great visibility from the main road. RPR data shows traffic counts of over 13,000 each day & it features a large lot with parking for over 40 vehicles. The building has an estimated total of 6,698 Gross sqft of living area, of which the recently renovated (2014) restaurant holds 2,599 square feet. Additional office and storage space in the basement, as well as walk-in & freezer. The restaurant has separate heat, a/c, & utilities. Do not miss this opportunity for a fantastic income property, future office space, or retail space. The property comes complete with a bar, and a list of restaurant equipment will be conveyed upon request. The thriving Restaurant business is not part of the sale.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-03-05T10:08:11.983.