18 The Circle,
Georgetown, De 19947
$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
Year Built
1836
New Construction
N
Property Type
Commercial Sale
Waterfront
N

Location

Address
18 The Circle, Georgetown, De
Acres
0.34

Interior

Heating
Forced Air
Heating Fuel
Electric
Cooling
Geothermal
Hot Water
Propane

Interior Features

    Appliances

      Additional Information

      Tax Annual Amount
      $4,232

      Listing courtesy of R&r Commercial Realty.

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