38188 Dupont Blvd Selbyville, DE 19975
This exceptional 0.7-acre property at 38188 Dupont Boulevard in Selbyville, Delaware, presents a unique investment opportunity. The building, formerly operating as the Cactus CafГ©, boasts a rich history of over 30 years serving the local community. Its prime location on Route 113 ensures high visibility and accessibility for customers. The turnkey operation includes all necessary equipment for immediate restaurant operation, eliminating the need for significant upfront investment. The spacious interior comfortably seats 100 patrons, complemented by a full bar and service bar, enhancing the dining experience. Multiple televisions cater to sports enthusiasts, adding to the ambiance. Practical features include a walk-in cooler and a walk-in freezer, streamlining operations. Ample parking is provided with 50 spaces. The property is currently leased, offering flexibility for a new owner to either continue the existing restaurant operation (with potential lease renegotiation) or pursue redevelopment options, given its desirable location and established infrastructure. The asking price is $1,150,000. This presents a compelling opportunity for an experienced restaurateur or a developer seeking a prime location in a thriving community.
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CELAJES RESTAURANT Restaurant
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Tulum Restaurant Restaurant
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Cactus Cafe Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TN · Selbyville, DESelbyville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.