Millsboro, DE 19966 32580 River Road

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Presented By: Mann & Sons, Inc.
  • MLS# DESU2058158
  • 03/19/2024
  • Request Tour
  • Request Info

Home Details

RARE WATERFRONT OPPORTUNITY WITH SPECTACULAR VIEWS of the INDIAN RIVER BAY!!! Established Family Owned Restaurant in Historic Oak Orchard. Owner is Retiring after 20+ years. Do Not Miss this Unique Opportunity. Featuring a Clean, Well-Maintained Facility, this is a True Turnkey Business. New Kitchen Equipment in 2021. 3800+ sq. ft. 142 Interior Seating Permitted and 32+/-Seating Outdoors. Full Liquor License for Indoor and Outdoor Seating. Three Parking Lots. and off street handicapped parking Restaurant is Located in a High Growth Area, Multiple Communities are in the Process of Being Planned and Developed. Broad Possibilities, Great for a Starter Business or for an Established Brand to add a Waterfront Location to Their Portfolio. Sale Includes Equipment and Fixtures. Decor Items not Included but, may be Available for Purchase Separately. Building Lease will be negotiated with Building owner. Liquor License will Transfer. Listing Agent must Accompany Showings .A Confidentiality and Non-Disclosure Agreement will be Provide Upon Negotiating. Second floor is a full apartment which can be rented. Currently used for office and storage. SELLERS WILL NOT ACCEPT OWNER FINANCING.
Presented By: Mann & Sons, Inc.

Interior Features for 32580 River Road

Other Interior Features

Central Air Y/NYes
Heating FuelElectric, Propane - Leased
Heating Y/NYes
Hot WaterPropane

General for 32580 River Road

Acceptable FinancingCash, Conventional
Accessibility36 + wide Halls, Level Entry - Main
Association Recreation FeeN
Business NameSerendipity Restaurant
Business TypeRestaurant/Bar
CityMILLSBORO
Construction MaterialsConcrete
Cool FuelElectric
CoolingCentral A/C
CountySUSSEX
Current UseRestaurant
DirectionsFrom Coastal Highway, turn onto John J Williams Highway, (Route # 24) approximately 9.2 miles to Oak Orchard Road, Turn right onto River Road, follow to the end, at stops sign turn right, Serendipity Re
Electric200+ Amp Service
ExclusionsPersonal and Decor Items Not Included/Available for Purchase Separately.
HeatingForced Air
Historic Y/NNo
Lease Considered Y/NNo
MLS AreaIndian River Hundred (31008)
ModificationTimestamp2025-04-07T19:28:28
New ConstructionNo
PossessionSettlement
Property SubtypeOther
Property TypeBusiness Opportunity
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Sussex DE QuadrantsBetween Rt 1 & 113
Vacation Rental Y/NNo
ViewBay, Marina, River
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceEstimated
ZoningAR-1

Exterior for 32580 River Road

Building Area Total0.00
Car Parking Spaces4
InclusionsSee Attached Equipment List
Navigable Water Y/NNo
Parking FeaturesHandicap Parking, Public
Total Loading Docks0
Total Parking Spaces4
Type of ParkingOff Site, Parking Lot, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NYes

Additional Details

Price History

Rachel Shepherd

Price $459,000
MLS#DESU2058158
List Date 03/19/2024
Property Type Business Op
Phone 703.929.4729
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