$790,000
$845,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1168 WILLOW GROVE RD Felton, DE 19943
2 Acres Lot
Key Details
Sold Price $790,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002560728
Sold Date 05/31/17
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $370
Tax Year 2016
Lot Size 2.004 Acres
Acres 2.0
Lot Dimensions 369 X 314
Property Description
Great retail site of approximately 2.0 acres with buildings on the southeast corner of Willow Grove Road and Holly Spring Road, zoned B-G in Kent County. Wide market area includes eastern counties of Maryland. Successful business operating for more than 20 years. More information can be obtained at office. The Sales Price consists of three components. Country Cupboard at 1200 Willow Grove Road sold for $242,000 for real estate, $212,000 for going concern, and $30,000 for FF&E, totaling $484,000. Inventory is separate and additional. Country Liquors at 1219 Willow Grove Road sold for $105,500 for real estate, $85,500 for going concern, and $20,000 for FF&E, totaling $211,000. Inventory is separate and additional. Third parcel, 1168 Willow Grove Road, sold for $95,000. It is a vacant parcel. All allocations negotiated between parties after gross price accepted. No concessions by seller. Some repairs by seller. Sale verification available.
Location
State DE
County Kent
Area Lake Forest (30804)
Zoning BG
Direction West
Rooms
Other Rooms Primary Bedroom
Interior
Fireplace N
Exterior
Water Access N
Road Frontage State
Garage N
Building
Lot Description Rural
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Lake Forest
Others
Tax ID SM-00-12500-01-2000-000
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Philip McGinnis • McGinnis Commercial Real Estate
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