About This Home

This 0-bedroom, 0-bathroom other at 126 2ND Street in Lewes, DE is listed for $2,295,000. Built in 1850, on a 0.07 acres lot.

Key Features

  • Built in 1850
  • 0.07 acre lot

Property Details

1850

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$12,274/mo

20% down · 6.5% · 30 years

Principal$1,660
Interest$9,945
Insurance$669

Estimates only. Actual payments may vary.

Location

126 2ND Street

Lewes, DE 19958

Property Details

Construction

Block Frame

Heating

BaseboardHeat Pump (Heating)Electric (Heating)

Cooling

Central AirMulti Units

Questions & Answers

This 0-bedroom, 0-bathroom other at 126 2ND Street is listed at $2,295,000. The estimated monthly payment is $12,274 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1850, 0.07 acre lot.

This property is listed by Debbie Reed and can be reached at 3022273818.

DR

Debbie Reed

Agent at RE/MAX Realty Group Rehoboth

(302) 227-3818

Listed by RE/MAX Realty Group Rehoboth

MLS# DESU2112074· Source: listhub· 8 days on market

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.

126 2ND Street, Lewes, DE 19958

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