If you're looking for the best piece of commercial real estate in Rehobeth, look no further. Situated on 1.29 acres adjacent to Dollar General and Rehobeth Elementary School, this high-traffic, highly visible business/development opportunity has it all. The 3,212 sqft building has been a community staple for years, but the true potential lies in the prime location and future development prospects. Rehobeth is a rapidly growing community with ambitious plans for expansion. The strong school system is a major driver of this growth, leading to the addition of a new sewer system and numerous new residential construction developments. The planned Rehobeth Town Center across the road from this property will further increase traffic and business opportunities, making this an excellent investment. This property includes one underground gas tank and ample space to redesign and start fresh with a new gas station or explore other commercial development opportunities. Detailed reports on retail demand by industry, retail demand outlook, household budget expenditures, and local ordinances are available upon request. Rehobeth's growth is supported by its high-income levels relative to surrounding areas, creating strong demand for commercial services. The property is also eligible for off-premise beer and wine sales approval, adding another layer of potential for savvy investors. Don't miss out on this exceptional opportunity in one of Rehobeth's most promising commercial locations.
| Date | Price |
|---|---|
| -- | New Value: $275,000 |
| 7/12/2024 3:15:00 PM | New Value: $275,000 |
