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$9,900,000

34521 Postal Lane
Lewes, DE 19958

For Sale|Commercial|Active Under Contract
0 Beds
0 Baths
SqFt
Built in 2004
124 Days Online
$Infinity/SqFt
Subdivision:
County:
Sussex-De
Call Now: 301.861.0006
Is this the home for you? We can help make it yours.
301.861.0006
34521 Postal Lane34521 Postal Lane34521 Postal Lane34521 Postal Lane
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Dream of owning your own hotel or Inn. Does that dream include living at the beach. Here is your unique opportunity to own 93 room hotel, located between two amazing beaches. Directly in the middle of all the action Rt 1 has to offer with Lewes in one direction and the award winning beaches of Rehoboth Beach in the other. Fantastic restaurants, shopping, entertainment, golfing and so much more are right at your doorstep. This hotel/Inn is only open seasonally with the strong financials to back it up. But with some tender loving care and the right owner, this is definitely a year around gem just waiting to be polished. The hotel/Inn sits on more than 4 acres of land on what displays like it's own private island, with shopping, restaurants and entertainment within walking distance. There are 93 rooms which break down as follows. 48 Standard rooms each with 2 queen beds. 23 Balcony rooms each with 2 queen beds. 12 Family rooms each with 3 queen beds. 5 ADA compliant rooms with 2 queen beds each and 5 two (2) room suites. The building is 4 stories with a 2,000 sq ft basement. 5 stop elevator. Large pool with patio area and a small health room/cardio area. The building estimated around 70,000 sq ft and with all that it has to offer it has the potential to be one of the areas top accommodation attractions. Part of the rear lot is undeveloped and with the right permits there are some additional options to be had there as well. There is so much untapped potential here. With the right buyer/investor, the returns are there for the taking. Do not let this one get away. Call today for your private showing. More photos room and interior photos to come.

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Listing Snapshot
Price
$9,900,000
Days Online
124 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
4.13 Acres
Year Built
2004
MLS Number
DESU142362
Property Tax
$37,954
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
3 months agoStatus changed to Active Under Contract
3 months agoStatus changed to Active
4 months agoListing first seen online
General Features
Water
Public
Sewer
Public Sewer
Construction Materials
BrickConcrete
Zoning
D
Interior Features
Heating
Wall UnitOther
Cooling
Wall UnitOther
Central Air
No
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Community Features
Accessibility Features
Doors - Swing InElevatorGrab Bars ModOther
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Provided Courtesy Of: EXP Realty

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Copyright 2019 Bright MLS. All rights reserved.
Data Last Updated on Tue Oct 15 2019 22:30:00
Neighborhood & Commute
Source: Walkscore
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