326 Central Ave Laurel, DE 19956
- Industrial properties
- 1.30 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 326 Central Ave
- Lot size
- 1.30 lot acres
- Zone code
- TN
- Property type
- Industrial properties
- APN
- 232-12.18-56.00
- APU
- 23212185600
Description
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.
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
- Laurel
- County
- Sussex
- State
- Delaware
- Longitude
- -75.5716
- Latitude
- 38.5621
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA