$200,000
( )
 $1,074 est/mo Sourced by Back At You

47 Rehoboth Ave,REHOBOTH BEACH, DE 19971

REHOBOTH BEACH, DE 19971

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Description

Price Reduced following a great 2026 Season! Positioned along the first block of Rehoboth Avenue next to Louie's Pizza in the heart of downtown Rehoboth Beach, this rare opportunity offers the sale of a fully built-out, second-generation food service operation with proven seasonal revenue and established customer recognition. The Rita's franchise has successfully operated at the location since 2017 and occupies an approximately 2,000 SF space featuring seating for approximately 24 patrons, upgraded storefront glass installed in 2023, dual HVAC systems replaced in 2025, a 50-gallon grease trap, and excellent street frontage, pedestrian visibility, and signage exposure along one of Delaware's premier coastal retail corridors. All furniture, fixtures, and equipment are included in the sale, and the franchise is optional, allowing a buyer to continue the existing Rita's operation or introduce a new concept. Existing lease structure is in place through 12/31/2026 with a new 10-year option available.

Details

MLS #DESU2120934
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1970
Days On Site18
Listing Provided ByDSM COMMERCIAL | BRITTANY DANAHY

Features

Story(s)1
ZoningTN
Acreage0.11
Property ViewOcean, Street

Interior

Heating Yes / NoYes
HeatingHeat Pump(s)

Exterior

Construction MaterialsGlass, Mixed, Other

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount7225

Area Information

StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
School DistrictCAPE HENLOPEN
Listing VS Median (in 19971)
Price:
$200,000
low | high
Med:
$699,450
100% of Average
On site:
18
low | high
Med:
32
56.25% of Average
Sourced by Back At You

Market Activity 19971

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Contact

Learn More About This Property

Lori Willis

Lori Willis

Century 21 Gold Key Realty

 (410) 708-1277loriwillis@c21gk.com
StateDE
CountySUSSEX DE
CityREHOBOTH BEACH
Zip Code19971
AreaLewes Rehoboth Hundred (31009)
School DistrictCAPE HENLOPEN
Listing VS Median (in 19971)
Price:
$200,000
low | high
Med:
$699,450
100% of Average
On site:
18
low | high
Med:
32
56.25% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $150K - $250K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
251 REHOBOTH AVE Property Photo 1
$199,000
251 Rehoboth Ave
Rehoboth Beach, DE 19971
Listing Updated: September 29, 2026 at 12:09:03 AM PDT