Felton, DE 19943,1168 WILLOW GROVE RD

$790,000

Est. payment /mo

$845,000

6.5%
Est.Price: ?

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1168 WILLOW GROVE RD Felton, DE 19943

2 Acres Lot

SOLD DATE : 05/31/2017

Key Details

Sold Price $790,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1002560728

Year Built 1920

Annual Tax Amount $370

Tax Year 2016

Lot Size 2.004 Acres

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

Rooms

Other Rooms Primary Bedroom

Exterior

Water Access N

Building

Lot Description Rural

Sewer On Site Septic

Water Well

New Construction N

Schools

School District Lake Forest

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Bright MLS (BMLS)
Listed by Philip McGinnis • McGinnis Commercial Real Estate
Bought with Philip McGinnis • McGinnis Commercial Real Estate

Jason Gareau

Broker

+1(609) 929-4486

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