18 The Circle, Georgetown, De 19947

List Price $3,099,000

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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.

Essentials

MLS Number
Desu167124
List Price
$3,099,000
Standard Status
Active
Waterfront
N

Location

Address
18 The Circle, Georgetown, De

Interior

Heating
Forced Air
Heating Fuel
Electric
Cooling
Geothermal
Hot Water
Propane

Interior Features

    Appliances

      Additional Information

      Acres
      0.34
      Year Built
      1836
      New Construction
      N
      Property Type
      Commercial Sale
      County
      Sussex
      Lot Size Dimensions
      120.00 X 124.00
      Sussex DE Quadrants
      Between Rt 1 & 113
      Listing courtesy of R&r Commercial Realty.