38967 Willow Lane, Fenwick Island, DE 19944

$1,189,000
  • 38967 Willow Lane, Fenwick Island, DE 19944 Main Photo

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ACTIVE Price Reduced by $11,000 on April 1st, 2026
MLS#DESU2107644
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLINDIAN RIVER

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.

38967 Willow Lane | MLS# DESU2107644

This commercial property located at 38967 Willow Lane, Fenwick Island, DE 19944 is currently listed for sale with an asking price of $1,189,000. Willow Lane is located within the INDIAN RIVER school district. Search Fenwick Island real estate on www.maverickrealtyusa.com today.

Property Features

Property Type: Commercial -
Cooling: Ceiling Fan(s), Central A/C
Fuel Type: Propane - Owned
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $1,324
Year Built: 1990

Feature Descriptions

Accessibility: Ramp - Main Level
Building Name: NONE AVAILABLE
Days on Site: 17
Electric: 200+ Amp Service
Exterior: Concrete, Stick Built, Vinyl Siding
Flooring: Carpet, Ceramic Tile, Hardwood
Lot: Cleared, Level
Lot Dimensions: 0.11 Acre(S)
Pet Restrictions: No Pet Restrictions
Sewer: Public Sewer
Total Garage/Parking Spaces: 8
Utilities: Cable TV, Propane
Water: Public

Local Schools

School District: INDIAN RIVER

Listed By / Shown By

Listed By

Agency Name: Iron Valley Real Estate Premier
Agency Phone: 3027414545

Shown By

Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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