115 Market St, Georgetown, DE 19947-1405
- Commercial real estate
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 115 Market St
- Lot size
- 0.18 lot acres
- Zone code
- TN
- Property type
- Commercial real estate
- APN
- 135-14.20-212.00
- APU
- 135142021200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 30, 2017 | $410,000 | Akoglu LLC | George Gregoraskos | Deed | — |
| Dec 21, 2011 | — | Georgios Gregoraskos | Georgetown Fam Restaurant INC | Quit Claim Deed · related | — |
| May 17, 2006 | $410,000 | Georgetown Family Restaurant I | Reilly,nancy Spicer | Grant Deed | $260k · Delaware National Bank |
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Sussex
- State
- Delaware
- Longitude
- -75.3847
- Latitude
- 38.6915
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
