126 2ND ST, Lewes, DE 19958
126 2ND ST, Lewes, DE 19958
126 2ND ST, Lewes, DE 19958
126 2ND ST, Lewes, DE 19958
126 2ND ST, Lewes, DE 19958
126 2ND ST, Lewes, DE 19958
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Sherine Monir

Sherine Monir

+1(202) 536-4043
Listed by Debbie Reed • RE/MAX Realty Group Rehoboth
$ 2,295,000
Est. payment | /mo

3,049 Sqft Lot

Save
$ 2,295,000
Est. payment | /mo
Save

3,049 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID DESU2112074

Year Built 1850

Available Date 2026-06-26

Annual Tax Amount $2,951

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 28.00 x 95.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Rare investment opportunity in the heart of Historic Lewes, Delaware. Situated on picturesque Second Street in one of the area's most desirable and walk-able commercial districts, this mixed-use property offers a unique combination of retail and residential income in a premier downtown location. The building consists of four fully leased units, including two commercial spaces on the first floor and two residential apartments on the second floor. Unit 128 is occupied by a well-established florist, while Unit 130 serves as a retail storefront. Above, Unit 126 is a spacious two-bedroom, one-bath apartment with a private entrance from Second Street, and Unit 121 is a studio apartment with separate rear access. All four units are fully rented, generating approximately $74,000 in annual rental income. Sale includes real estate only; businesses are not included in the transaction. Positioned just blocks from the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions, this property offers investors the opportunity to own a fully occupied income-producing asset in one of Delaware's most sought-after coastal markets. Whether expanding an investment portfolio or securing a landmark downtown property with long-term appreciation potential, opportunities like this are rarely available in Historic Lewes.

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Electric

Heating Baseboard - Electric, Heat Pump(s)

Cooling Central A/C, Multi Units

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Tax ID 335-08.08-39.00

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Sherine Monir

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 536-4043

sherine@smdg-llc.com

1313 14th St NW, Washington, DC, 20005, USA

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126 2ND ST