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LEWES Maryland Real Estate Properties For Sale

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34521 POSTAL LANE, LEWES, Maryland
MLS #: DESU142362
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Other
Area: Lewes Rehoboth Hundred (31009)
Status:
Year Built: 2004

Price: $9,900,000

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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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Property Details

Address: 34521 POSTAL LANE LEWES ,
County:
MLS#: DESU142362
MLS Area: Lewes Rehoboth Hundred (31009)
Property Sub-Type: Other
Waterfront:
Waterview: Golf Course,Panoramic,Street,Other
Pool:
Garage Type/Spaces: / 0.00
Year Built: 2004
New Construction:
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List Date:
List Price: $9,900,000
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Lot Acres: 4.13
Zoning Code:
Annual St/Cnty Tax: $3,846
Annual City Tax: $0
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Bedrooms: 0
Full Baths: 0
Half Baths: 0
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Annual HOA Fee: $0
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Annual Trash Fee: $0
Annual Water Fee: $0
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LO: EXP Realty

Location Map

Map locations are approximate. Please contact one of our sales agents for additional location information.
 

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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