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    19-21 W Commerce St Smyrna, DE 19977

    For Sale
    $399,000

    Former restaurant with patio in Smyrna's historic district.

    Property size:
    4,913 SF
    Lot size:
    0.14 Acres

    Property Features for 19-21 W Commerce St

    General Information

    Size
    4,913 SF
    Lot size
    0.14 Acres

    Source: LMT Commercial Realty / CORFAC International Agent Joe Latina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Building with Outdoor Patio

    This is a former restaurant building for sale in Smyrna, Delaware. The property includes approximately 4,913 square feet of restaurant space with an additional approximately 1,500 square feet of outdoor patio space. The building is located in the heart of town on West Commerce Street and features a charming enclosed patio. It is situated in the historic district and benefits from free municipal parking across from Commerce Street. The property is located in the fastest growing area of Smyrna, and possible grants may be available.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Guzzy Q BBQ & Catering, Come Taste & C, LLC, Twisted Soul Sistas Catering, Skyline Catering LLC, Scraped The Plate

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Kent
    State
    Delaware
    Longitude
    -75.6067844
    Latitude
    39.3002881

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with patio in Smyrna's historic district.
    Where is this restaurant located?
    The property is located at 19-21 W Commerce St Smyrna, DE.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Prime location on West Commerce Street in the heart of Smyrna; - Sizeable 4,913 +/- SF restaurant building with a 1,500 +/- SF outdoor patio; - Charming enclosed patio offers attractive and functional outdoor space
    (302) 530-1233
    Request Owner's contact information
    19-21 W Commerce St Smyrna, DE 19977
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    Smyrna, DE 19977
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19-21 W Commerce St Smyrna, DE 19977
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