$1,149,000

38967 WILLOW LN, Fenwick Island, DE 19944

  • Property Icon other
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

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.

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 2:16PM
Listing Office:
Iron Valley Real Estate Premier : 3027414545
Listing Agent:
Anthony John MacDonald : 3025353840
MLS ID:
DESU2107644
  • Flooring: CarpetCeramic tileHardwood
  • A/C: Ceiling Fan(s)Central A/C
  • Heating: Forced AirPropane - Owned
  • Disability Feature: Ramp - Main Level
  • Roofing: Shingle
  • General: ConcreteStick BuiltVinyl SidingBlockCrawl SpacePillar/Post/Pier
  • Road/Access: 74
  • Originating MLS: BRIGHT_MAIN
  • School District: INDIAN RIVER
  • County: SUSSEX-DE
  • Zoning: C-1134-23.20-67.00
  • Utilities: Cable tvPropane200 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Anthony John MacDonald , Iron Valley Real Estate Premier

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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