18 The Circle , Georgetown, DE 19947 $2,895,000

MLS Number
Desu167124
List Price
$2,895,000
City Name
Georgetown
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.
List Office Name:
R&r Commercial Realty

Interior Features

Heating
Forced Air
Cooling
Geothermal

Exterior Features

Construction Materials
Brick

Additional Details

Acres
0.34
Year Built
1836
New Construction
N
Lot Size Dimensions
120.00 X 124.00