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18 The Circle

GEORGETOWN, DE 19947
  • $3,099,000
  • STATUS: Active
  • ON SITE: 428 Days
  • ID#: DESU167124
UPDATED: 45 min ago
$3,099,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1836
County:

School Ratings & Info

School District:

Description

Income-producing seven-year lease in place with the State of Delaware. A once-in-a-lifetime opportunity this 1836 historic Hotel (The Brick) located in Georgetown, DE the circle. The Hotel went through many changes over the years but in 2008 was renovated back to a Hotel. History eludes from every corner of the Hotel. 14,000 +/- SF Well established Hotel (The Brick) with, the first floor consist of 2- dining rooms, lobby, tavern, 4 restrooms, front veranda facing the Circle, 2nd floor has nine guest rooms, sitting area, pergola, and rooftop terrace, the third floor has five guest rooms. The Brick has a side garden for weddings or just to wander in. Geothermal air, and heat, and eight instant hot water heaters. Two parcels Tax Id: 135-19.08-154.00 The Brick Tax Id: 135-19.08-146.01, West Market St./Love Lane does not convey the building that sits on it, just the land. There is a 99-year lease with the Layton family heirs for the building. Call listing agent for details.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-22T19:51:52.837.
www.coastline-realty.com/homes/109147729
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18 The Circle GEORGETOWN, DE 19947

  • Price: $3,099,000
  • Status: Active
  • Updated: 45 min ago
  • ID#: DESU167124
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1836
Built
Neighborhood:
Georgetown Hundred (31006)
County:
Sussex
Area:
Georgetown Hundred (31006)
School District:
Indian River
Property Description
Income-producing seven-year lease in place with the State of Delaware. A once-in-a-lifetime opportunity this 1836 historic Hotel (The Brick) located in Georgetown, DE the circle. The Hotel went through many changes over the years but in 2008 was renovated back to a Hotel. History eludes from every corner of the Hotel. 14,000 +/- SF Well established Hotel (The Brick) with, the first floor consist of 2- dining rooms, lobby, tavern, 4 restrooms, front veranda facing the Circle, 2nd floor has nine guest rooms, sitting area, pergola, and rooftop terrace, the third floor has five guest rooms. The Brick has a side garden for weddings or just to wander in. Geothermal air, and heat, and eight instant hot water heaters. Two parcels Tax Id: 135-19.08-154.00 The Brick Tax Id: 135-19.08-146.01, West Market St./Love Lane does not convey the building that sits on it, just the land. There is a 99-year lease with the Layton family heirs for the building. Call listing agent for details.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Geothermal Heating Forced Air Heating YN Yes Net Square Feet 14000.00

Property Features

Accessibility Features 2+ Access ExitsRamp - Main LevelElevator Assessment Year 2021 Association YN No Business Type Hotel/MotelRestaurant/Bar Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Propane Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304254365397 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 4232.00 Tax Assessment Amount 107350.00 Tax Lot 7 Vacation Rental YN No Water Source Public Zoning Tn

Listing courtesy of R&R Commercial Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-22T19:51:52.837.
 
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CoastLine Realty
31 Saulsbury Road, Suite 2
Dover DE, 19904