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Property profile & analytics
OFF-MARKET
Industrial properties

326 Central Ave Laurel, DE 19956-1750

1.3 ac lot
Entity Owned 15-yr Hold Free & Clear
Property ID
US17-0291039
Property summary
AI-generated overview

This exceptional, freestanding commercial property at 326 N Central Avenue in Laurel, Delaware presents a unique investment opportunity. Boasting approximately 10,000 square feet across two stories, this established restaurant and entertainment venue is ideally situated in the heart of Laurel, offering easy access and high visibility. The property includes a substantial 1.3-acre lot providing ample parking for over 80 vehicles. The first floor, encompassing over 7,000 square feet, features a large, fully equipped kitchen supporting a sizable sit-down restaurant area, a well-appointed bar, restrooms, and a dedicated arcade space. Upstairs, the second floor offers approximately 3,000 square feet of additional space, including another kitchen area, offices, restrooms, and a pool hall. Multiple mezzanines throughout the building provide versatile space for live bands, DJs, and ample storage for event equipment and furniture. This turnkey operation is ready for a new owner to capitalize on the existing infrastructure and strong location to serve the dining and nightlife needs of Laurel and the surrounding communities. The property's size, amenities, and prime location make it an attractive proposition for a variety of entertainment and hospitality ventures. The significant parking capacity ensures convenient access for patrons. This is a rare opportunity to acquire a well-established business with substantial potential for growth and expansion.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.3 ac (56,628 SF)
Zoning code TN
APN 232-12.18-56.00
UPID US17-0291039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Atlantic Shore Properties LLC · 15 yrs held
Atlantic Shore Properties LLC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
TN · Laurel, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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