Address
210 2Nd Street Rehoboth Beach, DE
Price
$ 395,000
Property Attributes
  • MLS#DESU175268
  • TypeCommercial
  • CountySUSSEX
  • CityRehoboth Beach
  • AreaLewes Rehoboth Hundred
  • Zip19971
  • StyleRestaurant/Bar
  • Taxes1488
  • Price$ 395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
Listing Provided Courtesy Of:
Keller Williams Realty Delmarva
Property Description

This chic Rehoboth Beach restaurant offers a full menu dining experience right off the famed Rehoboth Beach Avenue with an AADT of 22,000. This landmark and extremely popular downtown establishment has upscale lighting, beautiful furnishings and flooring, a gas fireplace, a quintessentially New York style bar, and dual zoned sound system. Seating includes 8 indoor bar patrons, 60 indoor dining guests, 6 outdoor rooftop bar patrons, and 48 rooftop dining guests. The bar includes a Perlick 72" and Avantco 80" bottle coolers, a 48" soda cooler, underground wine cooler, upstairs wine room, 3 kegerators, Cecilware Frigo Granita Ugolini frozen drink machines, ice holders, juicer, and sink. The kitchen is fully outfitted for maximum professional food service and plating and includes; South Bend 10 Burner with oven, 24" grill, tabletop steam table, Robot Coupe Ultra Combination food processor, 8X8 walk-in rapids and new 2019 cooling system, 36" refrigerator, sandwich stations, Panini press, prep sink, Koolaire ice machines, rice steamer, Artisan model Kitchen Aide, Keurig Coffee Maker, Continental model 4' double refrigerator, American Range fryer, Hobart commercial grade mixer, Eagel Group triple sinks, Anselm hood, Berkel gravity feed meat slicer. All inside and outside seating tables, chairs, and outdoor heaters are included. All dining ServiceWare including plates, glassware, silverware, napkins, and more are included. The office area has a Sentri-safe, filing cabinets, Brother printer, Sonos dual zone sound system, desk, wireless phone system, shelving, Clover point of sale system. There are also two separate restrooms for your patrons, an attic space for dry storage, basement for additional storage. The sale includes the former name of Azzurro and signage to keep the famed name recognition alive. This establishment is financially self-sustaining with profit. If you've been thinking about starting your own dining establishment, or expand your current market share, this could be your golden opportunity. This is a smart time to tool up. With the CV vaccine now on the streets, you could be ready to roll by early spring and be well ahead of the competition. This is a business purchase and facility lease (current lease expires Dec 2022) and the new owner will need to enter into a new lease agreement with the real estate owner. All P&L info will be provided to any prospect purchaser with a signed confidentiality agreement. A complete inventory schedule will be provided to you upon request.

Price History
12/31/2020 Listed $395,000

General Features

Accessibility None
Business Type Restaurant/Bar
Construction Materials Stick Built
Cool Fuel Electric
Cooling Central A/C
County SUSSEX
Heating Central
Legal Subdivision SOUTH REHOBOTH
MLS Area Lewes Rehoboth Hundred (31009)
New Construction No
Ownership Other
Possession Settlement
Price Per Sq Ft 131.67
Property SubType Special Purpose
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Sussex DE Quadrants East of Rt 1
Tax Annual Amount 1488.0
Tax Lot 60
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning TN

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Total Restrooms 2

Exterior Features

Building Area Total 3000.00
Car Parking Spaces 6
Lot Dimensions 50.00 x 100.00
Navigable Water Y/N No
Total Parking Spaces 6
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19971

Price
AVG $510K
$400K
Taxes
AVG $1,844
$1,488
Visits
AVG 58
8
Walkscore
AVG 50
73
Data Provided by Walkscore ® not using MLS data

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