Address
308 E 11Th Street, Wilmington, DE
Price
$ 270,000
Property Attributes
- MLS#DENC2053166
- TypeCommercial
- CountyNEW CASTLE
- CityWilmington
- AreaWilmington
- Zip19801
- StyleRestaurant/Bar
- Year Built1947
- Taxes$ 633
- Price$ 270,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1760
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Looking to start a new restaurant business or extend your current restaurant in the heart of Wilmington? Look no further than beautiful Sumi African American restaurant located on the historical street on the East side of Wilmington, DE. It's a few blocks from Market street in the business district of downtown central Wilmington and many more businesses including large banks, stores and restaurants. This awesome location is central to Wilmington hence making it an attraction to plenty of visitors and tourists. There are also many landmarks nearby, such as Dupont Hotel and the Chase fieldhouse. The main restaurant has a large counter space and ample seating, fully equipped kitchen with commercial ovens, stoves, commercial freezer and fryers as well as a large beverage case. The basement has room for storage, entry from restaurant and additional egress through Bilco doors which is convenient for deliveries. The upstairs can be used as a hall for intimate parties and banquets, 1 bedroom apartment or office space. The heat was upgraded from oil to gas, roof serviced and whole unit painted. Easy access to downtown businesses and the train station; heavy daytime foot traffic. Property is being sold in as is condition, seller will address any safety issues per appraisal report or required by the city.
| Price History | |
|---|---|
| 11/29/2023 | Listed $270,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Ceiling Fan(s),Central A/C |
| Possession | Settlement |
| Zoning | 26R-3 |
| Construction Materials | Brick |
| Year Built | 1947 |
| Property SubType | Special Purpose |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Business Type | Restaurant/Bar |
| Building Name | NONE AVAILABLE |
| Accessibility | None |
| County | NEW CASTLE |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | See GPS |
| ModificationTimestamp | 2024-04-24T08:51:22 |
| City | WILMINGTON |
| Buyer Agent Compensation | 2.5 |
| MLS Area | Wilmington (30906) |
| Lot Size Square Feet | 1307.00 |
| Tax Assessed Value | 11700.0 |
| Waterfront Y/N | No |
| Street Name | 11TH |
| Tax Annual Amount | 633.0 |
| Price Per Sq Ft | 153.41 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 154 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | WILMINGTON |
| Tax Lot | 034 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Unassigned |
|---|---|
| Water Source | Public |
| Inclusions | Restaurant Equipment,commercial ovens,fryers,food warmers,modern POS Systems,large beverage cooler |
| Total Parking Spaces | 4 |
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 1760.00 |
| Lot Dimensions | 16.00 x 68.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Total Loading Docks | 1 |
| Land Assessed Value | 2600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 4 |
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 19801
Price
Taxes
Visits
Year Built
Walkscore
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