You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

115 Market St Georgetown, DE 19947-1405

0.18 ac lot
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US17-0481847
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.18 ac (7,920 SF)
Zoning code TN
APN 135-14.20-212.00
UPID US17-0481847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Akoglu LLC · 9 yrs held
Akoglu LLC
since 2017
3 recorded transactions
2017
$410,000
2011
Price N/A
2006
$410,000
Zoning & alternative use
TN · Georgetown, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message