$225,000
$249,400
9.8%For more information regarding the value of a property, please contact us for a free consultation.
2,600 SqFt
SOLD DATE : 10/26/2023
Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $86
Subdivision St Georges
MLS Listing ID DENC2040878
Sold Date 10/26/23
Originating Board BRIGHT
Year Built 1751
Annual Tax Amount $1,357
Tax Year 2022
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 76.30 x 260.00
Property Description
Welcome to Historic Saint Georges, DE! North side of the C&D Canal, located on a charming street, in the shadow of the Saint Georges Bridge. Walking distance to the Creamery over looking the canal, as well as nature preserves and walking trails that will peak your intrigue and provide lots to discover! The Robinson House, circa 1750’s, has been placed on the National Register of Historic Properties by the US Department of the Interior. This brick and wood frame structure is truly a time capsule of a bye gone era that used to take a different approach to quality of construction, choice of material, and attention to detail that is rarely seen in todays developed society. This property features CN Zoning; Commercial Neighborhood. Past uses of this structure were of a Tavern and Inn, besides the last 45+ years of it being used in a residential capacity. This Bed & Breakfast type use could be resurrected today and possibly even expanded on thanks to AirBnB and VRBO type platforms. Excellent opportunity to purchase, renovate, and then operate this property as an investment post completion, or possibly master lease the finished product to someone whom is eager to run a hospitality type enterprise. This is just one of many possible development options, Buyers are encouraged to contact New Castle County Department of Land Use and educate themselves as to what could be possible with this parcel. The lot is large and there is an Easement for a driveway that allows access between Main St. and Broad St. located on the southern border of the parcel which will allow for convenience during arrival and departure activities and the huge rear yard could easily be converted to overflow parking in theory. The yard is fenced in and has a pond with water feature for ambiance. Main structure has received a brand new tin roof and significant amounts of structural framing and other carpentry repairs since current owner acquired the property. A two car detached garage is located on the right side of the property and another outbuilding is located along the boundary line on the left side. The historical appeal of this property could lend itself to a high quality asset, associated cash flow with such a venture, as well as the tax benefits of commercial real estate development/ownership!
Location
State DE
County New Castle
Area New Castle/Red Lion/Del.City (30904)
Zoning CN
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Flooring Hardwood, Tile/Brick
Heat Source Oil, Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Pitched,Metal
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Colonial
Others
Tax ID 12-027.40-030
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
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Bought with BARRY GODFREY • HOME FINDERS REAL ESTATE CO.
43777 Central Station Dr, Suite 390, Ashburn, VA, 20147, United States
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