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$3,099,000
18 The Cir, Georgetown, DE 19947
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $3,099,000
  • Acreage:
  • 0.34
  • Year Built:
  • 1836
  • Listing ID #:
  • DESU167124
  • Street Address:
  • 18 The Cir
  • City:
  • Georgetown
  • State:
  • Delaware
  • Postal Code:
  • 19947
  • County:
  • Sussex
  • Community:
  • Georgetown Hundred (31006)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Ease Of Access:
  • 2+ Access Exits, Ramp - Main Level, Elevator
  • Year Built:
  • 1836
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Tn
  • Lot Description:
  • 120.00 X 124.00
  • Lot Square Footage:
  • 14810.00
  • Days On Market:
  • 393
  • On Market Date:
  • 2021-03-23
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • District:
  • Between Rt 1 & 113
  • In City Limits:
  • Yes
  • County Taxes:
  • 478.00
  • Property Taxes:
  • $4,232
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 25
  • Parking Type:
  • On Street, Parking Lot
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Geothermal
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • Propane
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By R&r Commercial Realty
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

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