950 State St Dover, DE 19901
- Commercial real estate
- 2,481 SF
- 0.90 lot acres
Current Use by Public Records
- The Countrie Eatery / Breakfast Restaurant / Family Restaurant
Property Details for 950 State St
- Year built
- 1945
- Lot size
- 0.90 lot acres
- Property size
- 2,481 SF
- Zone code
- C2A
- Property type
- Commercial real estate
- APN
- 2-05-067.12-01-07.00-000
- APU
- 20506712010700000
Description
This exceptional restaurant property presents a unique investment opportunity in the thriving city of Dover, Delaware. Located at 950 N State St, this established business boasts a substantial 2,659 square feet of interior space, perfectly suited for continued operation or redevelopment. The property sits on a generous 0.85-acre lot, providing ample space and significant frontage along Silver Lake (333 feet). The strategic location offers excellent visibility and accessibility, with convenient access from Route 13 and Downtown Dover. Further enhancing its appeal, the property includes a large parking area with 56 spaces, ensuring convenient parking for patrons and staff. The asking price for this turnkey restaurant and real estate is $1,595,000. This represents a compelling opportunity to acquire a well-situated, established business with significant potential for growth and return on investment in a desirable Delaware location. The property's size, location, and parking make it an attractive proposition for both established restaurant operators and new ventures seeking a prime location in a busy commercial area. The substantial frontage on Silver Lake adds to the property's visual appeal and potential for branding and signage.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dover
- County
- Kent
- State
- Delaware
- Longitude
- -75.5301
- Latitude
- 39.1772
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA
