2271 State St Dover, DE 19901
- Commercial real estate
- 1,680 SF
- 0.28 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- Valerie's Bar & Grill / Bar & Grill
Property Details for 2271 State St
- Year built
- 1950
- Lot size
- 0.28 lot acres
- Property size
- 1,680 SF
- Zone code
- BG
- Property type
- Commercial real estate
- APN
- 7-00-095.10-01-30.00-000
- APU
- 70009510013000000
Description
This thriving 1,680 square foot bar and grill presents a unique investment opportunity in the vibrant city of Dover, Delaware. Situated on a busy stretch of South State Street, this well-established business benefits from high visibility and a strong customer base drawn from the densely populated surrounding neighborhood. The 0.28-acre lot provides ample space for outdoor seating or potential expansion. The property's current configuration as a fully operational bar and grill offers immediate revenue potential, making it an ideal acquisition for an experienced restaurateur looking to expand their portfolio or a first-time entrepreneur seeking a turnkey entry into the hospitality industry. The interior space is ready for immediate use, requiring minimal capital investment to begin operations. The property's location on South State Street ensures consistent foot traffic and visibility, maximizing its potential for success. This is a rare chance to own a well-established business in a prime location with significant growth potential. The asking price of $475,000 represents a compelling investment opportunity in a thriving Delaware market. Serious inquiries are encouraged to schedule a viewing and explore the possibilities. This property is being sold as-is.
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
- -75.5146
- Latitude
- 39.113
- CBSA code
- 20100
- CBSA name
- DOVER, DE METROPOLITAN STATISTICAL AREA
