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12 WILMINGTON AVENUEREHOBOTH BEACH, DE 19971

Commercial · 1,521 Sq. ft.
$1,650,000 ACTIVE

12 WILMINGTON AVENUE Overview

Time on Site:
42 days
Visits:
4

Rare opportunity in the heart of downtown Rehoboth Beach on the ocean block of Wilmington Avenue. This detached condominium unit offers a unique mixed-use setup featuring a first-floor commercial space and a spacious second-level 3-bedroom, 2-bath residential condo with private rear stair access. Ideally located just steps to the beach, boardwalk, restaurants, shopping, and entertainment. Recent updates have been completed while still offering potential for customization and value-add opportunities. Property is being sold as-is. Exceptional opportunity for investment, rental income, business use, or personal enjoyment in one of Rehoboth Beach's most sought-after locations.

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12 WILMINGTON AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 1,521
  • Price/Sq.ft. $1,085

Details

General

Income/Expenses

  • Operating Expense Includes: Insurance

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: Sea House
  • New Construction: No
  • Year Built: 1960

Business Information

  • Business Type: Restaurant/Bar,Other

Location/Region

  • Country: US
  • County: SUSSEX
  • County Or Parish: SUSSEX
  • In City Limits: Yes
  • MLS Area Major: Lewes Rehoboth Hundred (31009)

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 397.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 51.00
  • County Tax Payment Frequency: Annually
  • School Tax: 448.00
  • Tax Annual Amount: $896.00
  • Tax Year: 2025

General Information

  • Property Condition: Good
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: CAPE HENLOPEN
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: TN

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 1521.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: Other
  • Cooling: Central A/C
  • Entry Level: 1
  • Flooring: Hardwood
  • Foundation Details: Block

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete, Masonry
  • Fencing: No
  • Roof: Architectural Shingle

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1

Unit 3 Details

  • Unit Type: Unit 1

Unit 4 Details

  • Unit Type: Unit 1

Unit 5 Details

  • Unit Type: Unit 1

12 WILMINGTON AVENUE Neighborhood

Community

19971 (REHOBOTH BEACH) Demographics

60
Median Age
501
Population Density (per sq. mile)
58%
College Educated
$75,846
Estimated Median Income
6,346
Estimated Total Home Owners
899
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

12 WILMINGTON AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12 WILMINGTON AVENUE Market Data

Based on the last 30 days in this zip code

$1,153,227
Average List Price
$541
Average Price per Square Foot
51
Properties Sold
105
Average Days on Market
291
Properties for Sale
Calculations provided by Reliance Network

12 WILMINGTON AVENUE History

Date Event Value Agent
6/15/2026Source: BRIGHT MLS Price Reduction
$1,650,000 -5.7%
5/18/2026Source: BRIGHT MLS Status Change
ACTIVE
5/18/2026Source: BRIGHT MLS Added to Database
May 18, 2026
Listing provided courtesy of Jack Lingo - Rehoboth- MLS# DESU2112160MLS ProviderContact Information: 3022273883