126 2ND St Lewes, DE 19958

Price
$2,295,000
Listed On
Type
For Sale
Status
Active
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
126 2ND St, Lewes, DE 19958
Asking  $2,295,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Other
Property Subtype
Other
MLS Number
DESU2112074
Parcel Number
Property Sqft
Lot Size
0.07 acres
Year Built
1850
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
3,049.2
Price Low
-
Room Count
-
Building Unit Count
1
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Franchise Affiliation
RE/MAX International
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

Rare investment opportunity in the heart of Historic Lewes, Delaware. Situated on picturesque Second Street in one of the area's most desirable and walk-able commercial districts, this mixed-use property offers a unique combination of retail and residential income in a premier downtown location. The building consists of four fully leased units, including two commercial spaces on the first floor and two residential apartments on the second floor. Unit 128 is occupied by a well-established florist, while Unit 130 serves as a retail storefront. Above, Unit 126 is a spacious two-bedroom, one-bath apartment with a private entrance from Second Street, and Unit 121 is a studio apartment with separate rear access. All four units are fully rented, generating approximately $74,000 in annual rental income. Sale includes real estate only; businesses are not included in the transaction. Positioned just blocks from the Lewes-Rehoboth Canal, Delaware Bay beaches, restaurants, shops, and attractions, this property offers investors the opportunity to own a fully occupied income-producing asset in one of Delaware's most sought-after coastal markets. Whether expanding an investment portfolio or securing a landmark downtown property with long-term appreciation potential, opportunities like this are rarely available in Historic Lewes.

More Details

MLS Name
Bright MLS
Source
ListHub
MLS Number
DESU2112074
URL
MLS ID
TRENDPA
Virtual Tour
PARTICIPANT
Name
Debbie Reed
Primary Phone
(302) 227-3818
Key
3YD-TRENDPA-3257486
Email
debbie@debbiereed.com
BROKER
Name
RE/MAX Realty Group Rehoboth
Phone
(302) 227-4800
OFFICE
Name
RE/MAX Realty Group Rehoboth
Phone
(302) 227-4800
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Construction Materials
Block
Block
 Frame
Frame
Cooling
Central Air
Central Air
Multi Units
Multi Units
Heating
Baseboard
Baseboard
Heat Pump (Heating)
Heat Pump (Heating)
Electric (Heating)
Electric (Heating)

History

DateEventPrice$/SqftSource
Listed For Sale
Other
$2,295,000RE/MAX Realty Group Rehoboth
Report issue with price history

Taxes

YearAnnual AmountDescription
$2,952

Nearby Schools

Elementary, Middle & High School

Sussex Consortium

0.5 miles awayPK - 12

Elementary School

Shields (Richard A. ) Elementary School

0.7 miles awayPK - 05

High School

Cape Henlopen High School

1.4 miles away08 - 12
Show more
Get more info on 126 2ND St, Lewes, DE 19958
Profile
Debbie Reed
Listing Agent
(302) 227-3818
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Debbie Reed
Listing Agent
(302) 227-3818
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.