23412 Sussex HwySeaford, DE 19973
- Commercial real estate
- 1.11 AC
Property Details for 23412 Sussex Hwy
- Lot size
- 1.11 AC
- Zone code
- TN
- Property type
- Commercial real estate
- APN
- 331-5.00-60.01
- APU
- 3315006001
Description
This exceptional commercial property, located at 23412 Sussex Highway in Seaford, Delaware, presents a lucrative investment opportunity. Situated on a 0.92-acre lot with convenient access from U.S. Route 13, this fully-equipped restaurant boasts a proven track record of success, averaging $2 million in annual revenue. The property features ample onsite parking, catering to both the local community and the significant tourist traffic along this major thoroughfare. The inviting interior offers comfortable indoor seating for patrons. This turnkey operation is ideal for experienced restaurateurs seeking expansion or ambitious newcomers ready to establish themselves in a thriving market. The high volume of business and prime location make this a rare and highly desirable commercial property. The existing infrastructure and established clientele provide a solid foundation for continued growth and profitability. This is a chance to acquire a well-established, high-performing restaurant with significant earning potential. The property is priced at $4,500,000. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,895,779
- Hospitality
- $10,896,470
- Educational
- $9,065,735
- Medical
- $9,377,519
- Retail
- $14,102,254
Location Insight
- City
- Seaford
- County
- Sussex
- State
- Delaware
- Latitude
- 38.6568
- Longitude
- -75.5952
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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