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$130,000
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Property Description
TURNKEY BUSINESS OPPORTUNITY IN A GREAT LOCATION! This well-established local favorite for authentic Salvadoran cuisine offers a strong dine-in and take-out following. Everything you need to continue this popular and profitable business is included. Add a liquor license to take it to the next level! Highlights include easy access to the busy Route 1 corridor between Lewes and Rehoboth Beach as well as plenty of parking.
Full Property Details
Full Property Details for 18388 Coastal Hwy #7
General
- Sold For: $130,000
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2044624
- Added to Site: 951 day(s) ago
Business
- Business Type: Restaurant/Bar
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Sprinkler System - Indoor
Parking
- Total Spaces: 17
- Parking Features: Lighted Parking, Handicap Parking
- Parking Type: Parking Lot
Location
- Area: Lewes Rehoboth Hundred (31009)
- County: Sussex
- Driving Directions: Coastal Plaza is located on the southbound side of Rt 1; across from Bethany Blues.
School Information
- School District: Cape Henlopen
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick Front, Concrete
- Roof: Metal, Rubber
- Stories/Levels: 0
- Current Bldg. Use: Restaurant
- Year Built: 2008
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Zoning: C1
Financial Considerations
- Price Per Sq. Ft.: $82.02
Disclosures and Reports
- Ownership: Leasehold
- Exclusions: Personal items
- Inclusions: BUSINESS ONLY - FFE, Recipes, Business name
Listed and Sold by Jack Lingo - Rehoboth, Lily Hsu Gosnear
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Schools
Schools serving 18388 Coastal Hwy #7
School District:Cape Henlopen School District
| Name | Grades | Distance |
|---|---|---|
Shields (Richard A.) Elementary School 820 Savannah Road, Lewes, DE 19958 | PK-5 | 2 mi |
Beacon Middle School 19483 John J Williams Highway, Lewes, DE 19958 | 4-8 | 1.8 mi |
Cape Henlopen High School 1250 Kings Highway, Lewes, DE 19958 | 8-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18388 Coastal Hwy #7
Date
Details
Price
Change
Source
7/31/2023
Sold
$130,000
—
MLS
7/17/2023
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
18388 Coastal Highway #7, Lewes, DE 19958 (MLS# DESU2044624) is a Business property that was sold at $130,000 on July 31, 2023. Want to learn more about 18388 Coastal Highway #7? Do you have questions about finding other Business real estate for sale in Lewes? You can browse all Lewes real estate or contact a Coldwell Banker agent to request more information.

