38188 Dupont BlvdSelbyville, DE 19975

  • Commercial real estate
  • 0.75 AC
For Sale
$1,150,000 View listing

Property Details for 38188 Dupont Blvd

Lot size
0.75 AC
Zone code
TN
Property type
Commercial real estate
APN
533-16.00-49.01
APU
53316004901

Description

This exceptional 0.7-acre property at 38188 Dupont Boulevard in Selbyville, Delaware, presents a unique investment opportunity. The building, formerly operating as the Cactus CafГ©, boasts a rich history of over 30 years serving the local community. Its prime location on Route 113 ensures high visibility and accessibility for customers. The turnkey operation includes all necessary equipment for immediate restaurant operation, eliminating the need for significant upfront investment. The spacious interior comfortably seats 100 patrons, complemented by a full bar and service bar, enhancing the dining experience. Multiple televisions cater to sports enthusiasts, adding to the ambiance. Practical features include a walk-in cooler and a walk-in freezer, streamlining operations. Ample parking is provided with 50 spaces. The property is currently leased, offering flexibility for a new owner to either continue the existing restaurant operation (with potential lease renegotiation) or pursue redevelopment options, given its desirable location and established infrastructure. The asking price is $1,150,000. This presents a compelling opportunity for an experienced restaurateur or a developer seeking a prime location in a thriving community.

38188 Dupont Blvd, Selbyville, Delaware

Location Insight

City
Selbyville
County
Sussex
State
Delaware
Latitude
38.4609
Longitude
-75.2344
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,970
$6,300
$41,350
$47,650
-
$12,600
$82,700
$95,300

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