19 Commerce StSmyrna, DE 19977
- Other commercial real estate
- 4,842 SF
Property Details for 19 Commerce St
- Year built
- 1910
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 4,842 SF
- Zone code
- CC
- Property type
- Other commercial real estate
- APN
- 1-17-010.17-06-33.00-000
- APU
- 11701017063300000
Description
This exceptional restaurant property, located at 19-21 W Commerce Street in Smyrna, Delaware, presents a unique investment opportunity. The 4,913 square foot building boasts a charming enclosed patio area adding approximately 1,500 square feet of outdoor space, perfect for expanding seating capacity or creating a unique ambiance. Situated in the heart of Smyrna's historic district, this property benefits from high visibility and foot traffic. The building itself is a historic structure, adding to its character and appeal. Ample free municipal parking is conveniently located directly across Commerce Street, ensuring easy access for patrons. The asking price is $475,000. A limited amount of existing equipment may be available with the purchase. This prime location in the fastest-growing area of Smyrna also presents the possibility of accessing available grants, further enhancing the investment potential. The property is zoned for restaurant use and offers significant potential for a variety of culinary concepts. This is a rare chance to acquire a well-situated, established restaurant space in a thriving Delaware community. The property's size and location make it an ideal opportunity for both established restaurateurs and new entrepreneurs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,368,593
- Hospitality
- $2,169,618
- Educational
- $1,805,097
- Medical
- $1,867,177
- Retail
- $2,807,929
Location Insight
- City
- Smyrna
- County
- Kent
- State
- Delaware
- Latitude
- 39.3003
- Longitude
- -75.6068
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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