Price Reduction - Waterfront - Seller Financing
Address
601 Maryland Avenue Wilmington, DE
Price
$ 149,999
Property Attributes
  • MLS#DENC522360
  • TypeCommercial
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • Zip19805
  • StyleRestaurant/Bar
  • Year Built1928
  • Taxes264
  • Price$ 149,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage871
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
EXP Realty, LLC
Data Source:
Bright MLS
Property Description

A Great opportunity awaits a restauranteur, health food entrepreneur selling the latest juices and sea-moss or someone looking to open their first food service business... All you need is your business license and sign. This well established building is currently home to Sowl, a southern soul food restaurant serving as a take-out eatery within walking distance to Downtown Wilmington, Frawley Stadium, the Riverfront, Dart Headquarters, other businesses and local heavy foot traffic. The property has recent updates and will include an array of restaurant equipment estimated over $40,000 in addition to some additional negotiable items. Not ready to open a restaurant, just looking for investment opportunities, no worries, owner would be willing to discuss a lease-back option. **Special financing may be available!

Price History
3/16/2021 Listed $179,500
3/19/2021 17% - $149,999

General Features

Acceptable Financing Cash, Conventional, Negotiable, Private, Seller Financing, Other
Accessibility Level Entry - Main, Other
Business Type Restaurant/Bar
Construction Materials Brick
Cool Fuel Other
Cooling Other
County NEW CASTLE
Days on Market 31
Exclusions Personal properties, office equipment, furniture, racks, video equipment, warmers, stand-only refrigerator (unless negotiated).
Flooring Tile/Brick
Heating Other
Legal Subdivision WILMINGTON
MLS Area Wilmington (30906)
New Construction No
Ownership Fee Simple
Parking Features Public
Possession Negotiable
Price Per Sq Ft 172.21
Property SubType Retail
Property Type Commercial Sale
PropertyCondition Good
Roof Flat
Security Features Security System, Exterior Cameras
Sewer Public Sewer
Tax Annual Amount 264.0
Tax Lot 543
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning 26C-2

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 1

Exterior Features

Building Area Total 871.00
Door Features Storm
Inclusions All fixed equipment/appliances (additional equipment/furniture negotiable).
Lot Dimensions 17.50 x 28.00
Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 871.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19805

Price
AVG $120K
$150K
Taxes
AVG $888
$264
Visits
AVG 26
35
Year Built
AVG 1930
1928
Walkscore
AVG 80
80
Data Provided by Walkscore ® not using MLS data

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