38967 Willow Ln,FENWICK ISLAND, DE 19944
FENWICK ISLAND, DE 19944
Description
Prime mixed-use opportunity located along the highly trafficked Route 54 corridor, just one mile from both Fenwick Island and Ocean City beaches. Zoned C-1 with residential use permitted, this property offers exceptional visibility, strong signage exposure, and outstanding flexibility for a variety of commercial or live/work uses.The layout is ideal for maximizing both functionality and income potential. A private side entrance leads to a dedicated office space-perfect for a professional business-while a separate second-floor entrance provides access to a potential apartment, ideal for rental income or guest accommodations. The first floor features a spacious family room, primary suite with en suite bath, full kitchen, and a bright sunroom, creating a comfortable residential setting or an inviting space for a boutique business or bed and breakfast.According to AirDNA, the property has an estimated short-term rental income potential of approximately $91,700 annually, making it an attractive option for investors seeking strong cash flow near the beach.Ideal for a wide range of uses including medical or professional office, real estate brokerage, salon, boutique retail, or short-term rental. With flexible zoning, multiple access points, and a premier coastal location, this is a rare opportunity to capitalize on both residential and commercial potential just minutes from the area's most popular beach destinations.
Details
| MLS # | DESU2107644 |
|---|---|
| Listing Type | For Sale |
| Building Name | NONE AVAILABLE |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1990 |
| Days On Site | 186 |
| Listing Provided By | Iron Valley Real Estate Premier | Anthony John MacDonald |
Features
| Story(s) | 2 |
|---|---|
| Zoning | C-1 |
| Acreage | 0.11 |
Interior
| Cooling | Ceiling Fan(s), Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Concrete, Stick Built, Vinyl Siding |
| Foundation Details | Block, Crawl Space, Pillar/Post/Pier |
| Lot Features | Cleared, Level |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable TV, Propane |
|---|
Taxes
| Tax Annual Amount | 1324 |
|---|
Area Information
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | FENWICK ISLAND |
| Zip Code | 19944 |
| Area | Baltimore Hundred (31001) |
| Community Name | NONE AVAILABLE |
| School District | INDIAN RIVER |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,100,000 low | high Med: $359,900 On site: 186 low | high Med: 49 | |
Market Activity 19944
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Learn More About This Property
| State | DE |
|---|---|
| County | SUSSEX DE |
| City | FENWICK ISLAND |
| Zip Code | 19944 |
| Area | Baltimore Hundred (31001) |
| Community Name | NONE AVAILABLE |
| School District | INDIAN RIVER |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $1,100,000 low | high Med: $359,900 On site: 186 low | high Med: 49 | |
