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$ 459,000
Est. payment | /mo
$ 459,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID DESU2058158
Originating Board BRIGHT
Year Built 1910
Property Description
RARE WATERFRONT OPPORTUNITY WITH SPECTACULAR VIEWS of the INDIAN RIVER BAY!!! Established Family Owned Restaurant in Historic Oak Orchard. Owner is Retiring after 20+ years. Do Not Miss this Unique Opportunity. Featuring a Clean, Well-Maintained Facility, this is a True Turnkey Business. New Kitchen Equipment in 2021. 3800+ sq. ft. 142 Interior Seating Permitted and 32+/-Seating Outdoors. Full Liquor License for Indoor and Outdoor Seating. Three Parking Lots. and off street handicapped parking Restaurant is Located in a High Growth Area, Multiple Communities are in the Process of Being Planned and Developed. Broad Possibilities, Great for a Starter Business or for an Established Brand to add a Waterfront Location to Their Portfolio. Sale Includes Equipment and Fixtures. Decor Items not Included but, may be Available for Purchase Separately. Building Lease will be negotiated with Building owner. Liquor License will Transfer. Listing Agent must Accompany Showings .A Confidentiality and Non-Disclosure Agreement will be Provide Upon Negotiating. Second floor is a full apartment which can be rented. Currently used for office and storage. SELLERS WILL NOT ACCEPT OWNER FINANCING.
Location
State DE
County Sussex
Area Indian River Hundred (31008)
Zoning AR-1
Interior
Hot Water Propane
Heating Forced Air
Cooling Central A/C
Inclusions See Attached Equipment List
Heat Source Electric, Propane - Leased
Exterior
Garage Spaces 4.0
Water Access N
View Bay, Marina, River
Accessibility 36\"+ wide Halls, Level Entry - Main
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Indian River
Others
Tax ID NO TAX RECORD
Ownership Leasehold
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Joanie Hannigan • Mann & Sons, Inc.
