5321 N DUPONT BLVD Dover, DE 19901
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID DEKT2049162
Year Built 1950
Annual Tax Amount $1,984
Tax Year 2018
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
The business currently operates locations in Rehoboth Beach, Milford and Dover, providing an established presence across Sussex and Kent Counties. The Rehoboth Beach location at 19871 Coastal Highway, Rehoboth Beach, DE and the Milford location at 1 N. Maple Avenue, Milford, DE operate from leased premises, with the existing leases available for transfer in connection with the business sale, subject to applicable terms and approvals.
The third location, which also serves as the organization's headquarters, is located at 5321 N. DuPont Highway, Dover, DE 19901. Unlike the other two locations, the Dover real estate is owned and is being offered separately for $999,000 (See MLS DEKT2049164).
A purchaser therefore has the opportunity to acquire the three-location business, associated assets and FF&E for $500,000, with the option to separately acquire the Dover commercial real estate for $999,000, for a combined asking price of $1,499,000.
This offering presents an opportunity to acquire an established Delaware operation with multiple locations, existing infrastructure, business assets and an established operating history, while also providing the opportunity to own the real estate associated with its Dover headquarters.
Additional business, financial, lease and property information may be made available to qualified prospective purchasers. Please do not approach employees or visit the locations to discuss the sale without an appointment. Contact the listing agents for additional information and to arrange a confidential showing.
Location
State DE
County Kent
Area Capital (30802)
Zoning BG
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick
Inclusions God's Way Business, FF&E brand, good will, existing inventory, marketing and lease at 1 Maple Ave Milford, DE 19963 and 19871 Coastal Hwy Rehoboth Beach, DE 19971.
Heat Source Propane - Leased
Exterior
Garage Spaces 35.0
Utilities Available Cable TV
Water Access N
Roof Type Flat
Street Surface Paved
Accessibility Doors - Swing In
Road Frontage City/County
Total Parking Spaces 35
Garage N
Building
Lot Description Cleared
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Capital
Others
Tax ID LC-00-04602-01-3501-000
Ownership Other
Security Features Smoke Detector
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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