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484 Dupont Hwy Dover, DE 19901

OFF-MARKET Commercial real estate Google Maps
1,693 SF 0.35 ac lot Built 1947
Estimated value
No estimation on file for this property yet.
Property ID US17-0387379

Property summary

AI-generated overview

This exceptional commercial property, located at 484 N Dupont Highway in Dover, Delaware, presents a unique opportunity for immediate operation. The 1,693 square foot restaurant sits on a 0.35-acre lot and is priced at $1,400,000. Its prime location on Route 13 ensures high visibility, with over 30,000 vehicles passing daily, guaranteeing significant foot traffic and exposure. The property boasts a completely remodeled interior, creating a modern and inviting atmosphere for customers. A key advantage is the state-of-the-art kitchen, fully updated just two years ago, equipped with top-of-the-line appliances designed for efficiency and high-quality food preparation. This turnkey restaurant is move-in ready, eliminating the need for extensive renovations or equipment purchases. All essential elements are in place, allowing for a seamless transition and immediate commencement of business operations. This is a rare opportunity to acquire a fully functional restaurant in a highly desirable and busy location. The property is ready for a new owner to step in and begin serving customers.

Property profile

Verified
Property type Commercial real estate
Year built 1947
Total area 1,693 SF
Lot 0.35 ac (15,246 SF)
UPID US17-0387379

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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