Bought with MARK ANTHONY NOEL • Keller Williams Philadelphia
$700,000
$775,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Acres Lot
SOLD DATE : 10/27/2023
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC2039992
Sold Date 10/27/23
Year Built 1920
Annual Tax Amount $4,198
Tax Year 2022
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Land for Commercial Use
Source BRIGHT
Property Description
The Woodside Inn property Is a unique and versatile property that could appeal to a range of buyers with different goals. Both commercial & residential.
The large brick building with a bar, dance floor, kitchen, and restrooms could be an excellent opportunity for someone interested in the hospitality industry. With some renovation work, the building could be transformed into a popular bar, restaurant, or event space. Alternatively, the building could be leased out to a tenant who can operate the business while the property owner focuses on other ventures.
The mobile homes at the rear of the property offer additional possibilities. They could be used as rental units to generate income or removed to make way for new construction. The fact that public water, sewer, and gas are believed to be available at the street is a positive aspect that could make it easier for a potential buyer to develop the property.
The location of the property, across from The Village at Pine View new construction, and close to Rt 40 and shopping centers, is also worth noting. It could attract potential customers to any business operating from the property, and it's a good selling point for any developer considering new construction.
Location
State DE
County New Castle
Area Newark/Glasgow (30905)
Zoning S
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Hook/Up Avail, Mound System
Water Well, Public Hook-up Available
New Construction N
Schools
School District Appoquinimink
Others
Tax ID 11-030.00-017
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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