32580 RIVER RD, Millsboro, DE 19966 – DESU2058158

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Christina Swain

christina@realtorinred.com +1(267) 397-6291

$ 459,000

Est. payment -/mo

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32580 RIVER RD Millsboro, DE 19966

UPDATED:

09/24/2024 01:23 AM

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. 3000+ sq. ft. 142 Interior Seating Permitted and 32+/-Seating Outdoors. Full Liquor License for Indoor and Outdoor Seating. Two Parking Lots. 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 Transfer with Sale. 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 supplies.

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

Waterfront N

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.

Christina Swain

Broker Associate | KELWLMLAB068881

+1(267) 397-6291

Christina Swain

32580 RIVER RD Millsboro, DE 19966

Key Details

Location

Interior

Exterior

Building

Schools

Others

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32580 RIVER RD