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$275,000
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Property Description
Prime visibility on the lighted corner of Main & Main in downtown Millsboro, DE. This iconic +/-1,500sf former bank building is for sale. The building was built in 1900 and was renovated into a restaurant in 2010. Ideal for a restaurant operator, the building is currently fit out as a 49-seat bar/restaurant with a full kitchen, two restroom and private dining room in the historic bank safe. The building could also be transformed into an amazing office space with its oversized windows and hardwood floors. There is also a basement area for storage. The property has commercial zoning with all public utilities in place and a public municipal parking lot located directly across the street. This is a great opportunity for any commercial business that wants to be seen, all eyes will on your building signage!
Full Property Details
Full Property Details for 303 Main St
General
- Sold For: $275,000
- Taxes: $404 (2021)
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: DESU2003400
- Added to Site: 1, 629 day(s) ago
Business
- Business Type: Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Type: On Street, Parking Lot
Location
- Area: Dagsboro Hundred (31005)
- County: Sussex
- Building Name: NONE AVAILABLE
- Cross Streets: West State Street
- Driving Directions: Located at the signaled corner of Main Street & East State Street
- Location Details: Free Standing
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Propane
Structural Information
- Construction: Other
- Foundation: Block
- Stories/Levels: 1
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Property View: City
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Estimated
- Lot Dimensions: 40.00 x 60.00
- Lot Features: Corner, Zero Lot Line
- Zoning: TN
- Lot Description: Corner, Zero Lot Line
Financial Considerations
- Assessment Year: 2021
- School Tax: $358
- County Tax: $46
- County Tax Freq: Annually
- Tax w/Assessment: $10,250
- Tax Amount: $404
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
Listed by Dsm Commercial, BRITTANY DANAHY
Sold by Patterson-Schwartz-Rehoboth, Asa McCune
Get Pre-Approved Today
Schools
Schools serving 303 Main St
School District:Indian River School District
| Name | Grades | Distance |
|---|---|---|
East Millsboro Elementary School 29346 Iron Branch Road, Millsboro, DE 19966 | PK-5 | 0.9 mi |
Millsboro Middle School 302 East State Street, Millsboro, DE 19966 | 6-8 | 0.2 mi |
Sussex Central High School, Georgetown, DE 26026 Patriots Way, Georgetown, DE 19947 | 8-12 | 3.3 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 303 Main St
Date
Details
Price
Change
Source
5/17/2023
Sold
$275,000
-15.38%
MLS
2/01/2023
Price Reduced
$325,000
-7.14%
MLS
8/02/2021
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
303 Main Street, Millsboro, DE 19966 (MLS# DESU2003400) is a Business property that was sold at $275,000 on May 17, 2023. Want to learn more about 303 Main Street? Do you have questions about finding other Business real estate for sale in Millsboro? You can browse all Millsboro real estate or contact a Coldwell Banker agent to request more information.

