610-675-5591
107 5th St, Delaware City, DE for Sale
Restaurant - FOR SALE
1/9
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107 5th St
Delaware City, DE 19706


OVERVIEW

This high-visibility commercial property is located in the historic waterfront town of Delaware City, DE. Best known as “Kathy’s Crab House,” the solid, attractive building was built in 2000 with additions and an accessory garage added in more recent years. Currently, the primary building is set up as 4,800 ± turnkey restaurant with covered seating for approximately 200 patrons having both ample on-site and nearby on-street parking available. The primary building also has a second floor 2000 ± SF residence available for live, work, or additional rental income. Aside from the restaurant use of today, the 1.6 ± acre property is also a strong candidate for conversion based on its C2-Commercial General zoning which allows a range of uses including bank/financial, car wash, funeral home, church, contractor office/showroom and parking, business or government office and other uses. The property’s proximity and walkability to the Delaware City Marina, Fort DuPont, 13-mile Michael Castle Trail along the C & D Canal and the main street of the town (Clinton) work together to draw a steady mix of residents, boaters, cyclists, and visitors throughout the year, creating an ideal setting for a restaurant, hospitality, or retail use. With convenient access to Route 1 and the greater Wilmington region, this is a rare opportunity to acquire a well-known commercial property in one of Delaware's waterfront communities.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kathy's Crab House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

22C-2

APN/PARCEL ID

22-009.00-131,22-011.00-002

ASK ABOUT THIS PROPERTY

Tim PlemmonsEmory Hill Real EstateMore Info
610-675-5591

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Tim PlemmonsEmory Hill Real EstateMore Info
610-675-5591

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.