Address
415 W Loockerman Street, Dover, DE
Price
$ 520,000
Property Attributes
- MLS#DEKT2022574
- TypeCommercial
- CountyKENT
- CityDover
- AreaCapital
- Zip19901
- StyleRestaurant/Bar
- Year Built1960
- Taxes$ 1739
- Price$ 520,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2750
- Lot Size6,534 SqFt
Data Source:
Bright MLS
Property Description
Unlock the potential of this thriving downtown Dover pizzeria and sub shop, a local favorite celebrated for its outstanding reviews and loyal clientele. This turnkey business venture presents a unique opportunity for restaurateurs and investors alike. -- Business Highlights: Local Landmark: Established as a cornerstone of the community, this pizzeria boasts a stellar reputation, making it a must-visit destination for residents and visitors. Fully Equipped: The sale includes all equipment and furniture necessary to continue operations seamlessly. From ovens to seating arrangements, everything is in place. Double Lot: This offering comprises two adjacent lots. The primary lot houses the restaurant, while the second provides ample parking space, ensuring a hassle-free experience for patrons. Income Potential: In addition to the main-floor restaurant, the property features a spacious two-story layout. Upstairs, a 3-bedroom, 1-bathroom apartment presents an attractive opportunity for rental income. -- Investment Advantage: Benefit from multiple revenue streams: restaurant sales and the option to lease out the apartment and parking space separately. High Visibility: Strategically located in the heart of downtown Dover, this property enjoys high foot traffic and excellent visibility, ideal for attracting customers and ensuring the success of your investment. Growth Potential: With Dover's ongoing development projects and thriving community, this pizzeria is poised for further growth and profitability. -- Inventory Excluded: The sale encompasses the business, real estate, and equipment. Inventory for food and supplies will be settled separately at closing. Don't miss out on this exceptional investment opportunity in Dover's dynamic restaurant scene. Act now to acquire this well-established pizzeria and secure your position in this vibrant market. Contact us for more information and to schedule a private viewing. ***For inquiries and information, we kindly request that you reach out directly to listing agent. To ensure a smooth process and respect the privacy of the employees, we kindly ask that you refrain from attempting to speak directly with the staff on-site. Listing agent is readily available to assist you with any questions or to schedule a showing. Thank you for your understanding and cooperation.***
| Price History | |
|---|---|
| 10/2/2023 | Listed $520,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | Negotiable |
| Roof | Shingle |
| Zoning | C2 |
| Construction Materials | Vinyl Siding |
| Exclusions | Food and Supply Inventory (to be negotiated independent of sales price and due at closing) |
| Year Built | 1960 |
| Property SubType | Retail |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | None |
| County | KENT |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Head southeast on US-13 S. Turn right onto E Loockerman St 0.4 mi. Continue onto Loockerman Plaza 0.2 mi. Continue onto W Loockerman St. Destination will be on the right 0.3 mi. |
| ModificationTimestamp | 2024-01-09T11:43:14 |
| City | DOVER |
| Buyer Agent Compensation | 3 |
| Disclosures | None |
| Total Units | 1 |
| MLS Area | Capital (30802) |
| Lot Size Square Feet | 6500.00 |
| Tax Assessed Value | 27700.0 |
| Waterfront Y/N | No |
| Street Name | LOOCKERMAN |
| Tax Annual Amount | 1739.0 |
| Property Condition | Good |
| Price Per Sq Ft | 189.09 |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 212 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | COMEGYS LOTS |
| Tax Lot | 5300-000 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Hot Water | Electric,Natural Gas |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Entry Level | 1 |
Exterior Features
| Parking Features | Paved Parking,Private |
|---|---|
| Water Source | Public |
| Inclusions | Appliances,Commerical Kitchen Equipment,Furniture,Business |
| Total Parking Spaces | 15 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 2750.00 |
| Lot Dimensions | 51.74 x 131.70 |
| Lot Size Acres | 0.15 |
| Road Surface Type | Black Top |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Other Equipment | None |
| Road Responsibility | City/County,State |
| Land Assessed Value | 7800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 15 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19901
Price
Taxes
Visits
Year Built
Walkscore
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