19 Commerce StSmyrna, DE 19977

  • Other commercial real estate
  • 4,842 SF
For Sale
$475,000 View listing

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
19 Commerce St, Smyrna, Delaware

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

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
$2,761
$14,600
$89,300
$103,900
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].