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    1300 N Claymont St Wilmington, DE 19802

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    For Sale
    $395,000

    Established bar and package store with valuable liquor license.

    Lot size:
    0.08 Acres

    Property Features for 1300 N Claymont St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1972

    Source: Compass Agent CARL FRAMPTON

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

    Overview

    Bar and Package Store Opportunity

    This property presents an opportunity to purchase both the real estate and an established business, featuring an OFF/ON TAP liquor license, one of only four such licenses in Delaware. The sale includes the business and a parking lot comprised of 9 city lots. Established in 1972, LeRoy's Lounge has a long history in the City of Wilmington. The business encompasses a bar and an adjacent package store. The first floor, where the business is situated, features a large oval-shaped bar, two bathrooms, a package store, and storage areas. The property also includes two additional unfinished floors that offer potential for development. Located on a corner lot, the property benefits from high visibility. The rear of the property includes two garages, a shed, and a small yard. The property is being sold in AS-IS condition.
    Insight Report Location Intelligence

    Current Use by Public Records

    Leroy’s Lounge: LCD ... Bar

    Suggested Use

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

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

    Similar Places Nearby

    Urban Artist Exchange, Milton Liquors Inc, Vera Luxury Lounge, Sweet Daddy's Bar And Grill, Leroy’s Lounge: LCD Liquors Inc

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5325065
    Latitude
    39.7427879

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    FAQs

    What type of property is this?
    Bar - Established bar and package store with valuable liquor license.
    Where is this bar located?
    The property is located at 1300 N Claymont St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Off/On Tap Liquor License (only 4 in Delaware); - Includes Business (LeRoy's Lounge) and Property; - Includes Parking Lot (9 city lots)
    (302) 236-8526
    Request Owner's contact information
    1300 N Claymont St Wilmington, DE 19802
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    Wilmington, DE 19802
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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
    1300 N Claymont St Wilmington, DE 19802
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