326 Central Ave Laurel, DE 19956-1750
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TN · Laurel, DELaurel. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.