$132,000
$159,900
17.4%For more information regarding the value of a property, please contact us for a free consultation.
3,000 SqFt
SOLD DATE : 02/28/2023
Key Details
Sold Price $132,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $44
Subdivision South Rehoboth
MLS Listing ID DESU2033324
Sold Date 02/28/23
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $716
Tax Year 2022
Lot Size 4,792 Sqft
Acres 0.11
Property Description
Here is your opportunity to become a part of the amazing culinary destination that is Downtown Rehoboth! This stylish & elegant restaurant sits on the corner of 2nd St & Wilmington Ave and boasts an AADT of 22,000. This historic and unique building features one of downtown Rehoboth's only outdoor bars, located on the spacious Roof top deck. The interior decor boasts upscale lighting & fixtures, stylish furniture, attractive flooring, a gas fireplace, & a dual zoned sound system. Seating includes 8 indoor bar patrons, 60 indoor dining guests, 6 outdoor rooftop bar patrons, and 48 rooftop dining guests. This is a business purchase with a facility lease, so the Buyer would need to apply for & be approved for a Lease Agreement with the Property Owner. Current lease terms are very competitive for this location! Financials can be provided with a signed NDA. Do not miss this opportunity, call today for your private tour!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Driveway, On Street
Total Parking Spaces 6
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-14.17-500.01
Ownership Other
SqFt Source Estimated
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with JEFFREY MCCRACKEN • McWilliams/Ballard Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "