115 Market StGeorgetown, DE 19947

Property Details for 115 Market St

Lot size

0.18 AC

Zone code

TN

Property type

Other commercial real estate

APN

135-14.20-212.00

APU

135142021200

Description

This exceptional opportunity encompasses a thriving, established restaurant and its accompanying real estate in the bustling Georgetown, Delaware market. Located at 115 E Market Street, this turnkey operation boasts 3,200 square feet of space situated on a 0.18-acre lot within a vibrant commercial strip. The restaurant is currently operating as a successful eat-in and take-out establishment, benefiting from consistent foot traffic and a strong local customer base. The sale includes both the business and the property, presenting a unique chance for immediate ownership and operation. The property's prime location ensures high visibility and accessibility, making it an ideal investment for an experienced restaurateur or a savvy entrepreneur looking to enter the food service industry. All existing equipment and fixtures are included in the sale, minimizing the initial investment required to commence operations. The asking price for this combined property and business is $1,100,000. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. Serious inquiries only. Financial statements are available upon request and a non-disclosure agreement will be required.

• Alternative Use

  Use

  Valuation

  Residential

  $2,552,649

  Hospitality

  $2,338,212

  Educational

  $1,945,365

  Medical

  $2,012,270

  Retail

  $3,026,124

Location Insight

City

Georgetown

County

Sussex

State

Delaware

Latitude

38.6915

Longitude

-75.3847

CBSA code

41540

CBSA name

SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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