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502 N Bedford Street

GEORGETOWN, DE 19947
  • $350,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: DESU2032942
UPDATED: 57 min ago
$350,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
2020
County:

School Ratings & Info

School District:

Description

Package store business only for sale, does not include building. Building leased for $3500 per month with use of freezers. 7 year lease, with 5% annual increase in rent. Inventory to be sold separate at time of settlement. Buyer must be in good standing with the State of Delaware to be approved by the Alcoholic Beverage Commission. This is a very busy location and once upgrades are made to the RT 113 and 404 intersection this will be the first liquor store off of the exit. Financial reports available upon request with a pre-approved buyer. This is an established business, current owner purchased in 1996 and is only selling to retire due to his age.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Fritschle Barker Group | Keller Williams Delmarva. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T11:51:27.33.
www.buysellocmd.com/homes/135117841
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502 N Bedford Street GEORGETOWN, DE 19947

  • Price: $350,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 57 min ago
  • ID#: DESU2032942
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2020
Built
Neighborhood:
Georgetown Hundred (31006)
County:
Sussex
Area:
Georgetown Hundred (31006)
School District:
Indian River
Property Description
Package store business only for sale, does not include building. Building leased for $3500 per month with use of freezers. 7 year lease, with 5% annual increase in rent. Inventory to be sold separate at time of settlement. Buyer must be in good standing with the State of Delaware to be approved by the Alcoholic Beverage Commission. This is a very busy location and once upgrades are made to the RT 113 and 404 intersection this will be the first liquor store off of the exit. Financial reports available upon request with a pre-approved buyer. This is an established business, current owner purchased in 1996 and is only selling to retire due to his age.
Exterior Features

Construction Materials Vinyl Siding Garage YN No Location Type Business District Parking Types On StreetParking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access ExitsRamp - Main Level Assessment Year 2022 Business Name Georgetown Package Store Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Current Use Beer/Wine/Liquor Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN Yes Navigable Water YN N New Construction YN No Original MLSNumber 802037529872 Ownership Interest Leasehold Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 457.00 Vacation Rental YN No Water Source Public Zoning Tn

Listing courtesy of Wilgus Associates-L: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Fritschle Barker Group | Keller Williams Delmarva. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T11:51:27.33.
 
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Ocean City MD, 21842