38967 WILLOW LN, Fenwick Island, DE 19944
38967 WILLOW LN, Fenwick Island, DE 19944
38967 WILLOW LN, Fenwick Island, DE 19944
38967 WILLOW LN, Fenwick Island, DE 19944
38967 WILLOW LN, Fenwick Island, DE 19944
38967 WILLOW LN, Fenwick Island, DE 19944
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Listed by Anthony MacDonald • Iron Valley Real Estate Premier
$ 1,189,000
Est. payment | /mo

4,792 Sqft Lot


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$ 1,189,000
Est. payment | /mo
Save

4,792 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID DESU2107644

Year Built 1990

Annual Tax Amount $1,324

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Property Sub-Type Mixed Use

Source BRIGHT

Property 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.

Location

State DE

County Sussex

Area Baltimore Hundred (31001)

Zoning C-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Ceiling Fan(s), Central A/C

Flooring Carpet, Ceramic Tile, Hardwood

Heat Source Propane - Owned

Exterior

Garage Spaces 8.0

Utilities Available Cable TV, Propane

Water Access N

Roof Type Shingle

Street Surface Black Top

Accessibility Ramp - Main Level

Road Frontage State

Total Parking Spaces 8

Garage N

Building

Lot Description Cleared, Level

Foundation Block, Crawl Space, Pillar/Post/Pier

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Indian River

Others

Pets Allowed Y

Tax ID 134-23.20-67.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed No Pet Restrictions

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

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Krystal Casey
Krystal Casey

Realtor | Team Lead | License ID: RS-0026088

+1(302) 604-4683 | krystal@thecoastalcollectivegroup.com

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38967 WILLOW LN