Bought with Nikhil Patel • Keller Williams Realty Central-Delaware
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18831 COASTAL HWY Rehoboth Beach, DE 19971
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Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DESU2052116
Sold Date 03/04/25
Year Built 1997
Annual Tax Amount $5,970
Tax Year 2023
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions 159.00 x 250.00
Property Sub-Type Other
Source BRIGHT
Property Description
OUTSTANDING RESTAURANT OPPORTUNITY In high traffic location DIRECTLY off Rt 1 in Rehoboth Beach DE!! Operators are retiring and parting with this Fully Equipped & Furnished Restaurant with a great reputation for a great time, as well as Beach and American cuisine. Crabby Dicks is a popular local hangout and tourist must see driving year round customers. Crabby Trademark is also available for $100k allowing new operators to continue the retail sales and control the future growth of this popular brand! This is a turn-key opportunity with current staff in place and Strong P&L's available upon request and CA signatures. This location has plenty of parking, storage, and most of the kitchen equip is new or like new. 4+ years remaining on original lease term which would need to be assumed by new operator. This one wont last long, schedule your tour TODAY!
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning C-1
Interior
Hot Water Natural Gas
Heating Central
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 41.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 41
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Cape Henlopen
Others
Tax ID 334-12.00-99.00
Ownership Leasehold
Special Listing Condition Standard
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