$1,189,000

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 14 days 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:
April 2, 2026 at 4:20PM
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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Location

Schools Nearby

L

Lord Baltimore Elementary School

120 Atlantic Ave, Ocean View, DE, 19970

Grades KG-5

6.85 miles away

S

Selbyville Middle School

80 Bethany Rd, Selbyville, DE, 19975

Grades 6-8

8.33 miles away

I

Indian River Intensive Learning Center

31 Hosier St, Selbyville, DE, 19975

Grades 3-12

9.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.