18 The Circle, Georgetown

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

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#: 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