Bar Property With Package
For Sale
$899,900
1300 N CLAYMONT STREET, Wilmington, DE 19802
Commercial property combining an established bar, adjacent package store, liquor license, and parking across additional city lots.
Property Size3,485 SF
Price / SF$258.22
Days on Market97
Property Features for 1300 N CLAYMONT STREET
General Information
Standard status
Active
Size
3,485 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Year Built
1999
Buildings
1
Listing Agency:
United Real Estate
(484) 367-7727
Listed By:
Tysha Jenkins-Henry · License #RS0038859
(302) 593-9434
Source:
Cummingsrealtors
Added: Jul 2
Changed: Oct 6
Last Checked: Oct 5 at 6:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate
Investment Insights
Based on property information with market context.
Located at 1300 N Claymont Street in Wilmington, Delaware, this commercial bar property includes an operating bar, an adjacent package store, and a transferable Delaware Off/On Tap liquor license. The sale also includes approximately nine additional city lots that are currently used for parking.
The first floor contains an oval bar, package-store area, storage rooms, and restrooms. The upper level provides additional interior area requiring renovation. The business has operated since 1972, while the building was constructed in 1999. The property is offered as-is, and inventory may be available separately. Buyers are responsible for verifying zoning, permitted uses, licensing requirements, and development possibilities.
The first floor contains an oval bar, package-store area, storage rooms, and restrooms. The upper level provides additional interior area requiring renovation. The business has operated since 1972, while the building was constructed in 1999. The property is offered as-is, and inventory may be available separately. Buyers are responsible for verifying zoning, permitted uses, licensing requirements, and development possibilities.
Key Highlights
- Transferable Delaware Off/On Tap liquor license included
- Approximately nine additional city lots currently used for parking
- First floor includes oval bar, package store, storage, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,742
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,840
$894.8K
Cap Rate 7%
$639,171
$639.2K
Cap Rate 9%
$497,133
$497.1K
Market Conditions
NOI Build-Up for 3,485 SF
Gross rent
$62.7K $18.00/SF
− Vacancy
−$3.1K −$0.88/SF
EGI
$59.7K $17.12/SF
− OpEx
−$14.9K −$4.28/SF
NOI
$44.7K $12.84/SF
Area
New Castle County, DE
Vacancy
4.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,840
Cap Rate 7%
$639,171
Cap Rate 9%
$497,133
Alternative Uses
Best Use
Specialty Retail
$639.2K
$559.3K – $745.7K
NOI $44,742 @ 7.0% cap · market cap 4.97%
Second Best
Retail
$482.0K
$421.7K – $562.3K
NOI $33,738 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$833.6K
$729.4K – $972.5K
NOI $58,351 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
Popeyes Louisiana Kitchen
Dining
8,037 visits/mo
0.5 miles
Dollar Tree
Shops & Services
6,528 visits/mo
0.4 miles
Dollar General
Shops & Services
6,279 visits/mo
0.1 miles
Demographics for 19802, DE
26,189
Population
11,596
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
89%
High-School Grad
3.5 sq mi
ZIP Area
7,483
Density / Sq Mi
$54,370
Median Household Income
$39,579
Median Earnings
$1,236
Median Rent
$188,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Vera Luxury Lounge — 301 N Pine St, Wilmington, DE 19801
- Leroy’s Lounge: LCD Liquors Inc — 1300 N Claymont St, Wilmington, DE 19802
- Urban Artist Exchange — 1509 Clifford Brown Walk, Wilmington, DE 19801
- Milton Liquors Inc — 2300 n market st, wilmington, de 19802
- Sweet Daddy's Bar And Grill — 3806 Governor Printz Blvd, Wilmington, DE 19802
Frequently Asked Questions
What type of property is this?
Bar & Pub - Commercial property combining an established bar, adjacent package store, liquor license, and parking across additional city lots.
Where is this bar & pub located?
The property is located at 1300 N CLAYMONT STREET Wilmington, DE.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Transferable Delaware Off/On Tap liquor license included; Approximately nine additional city lots currently used for parking; First floor includes oval bar, package store, storage, and restrooms
