Vacant C-1 Zoned Commercial Lot Adjoining Rt 13 Market in Laurel. Tons of Potential!
New exterior metal on roof, sidewalls, and lean-to. New 200 amp electric service with recessed lights. New water & sewer lines from building to street. Gravel parking lot. Zoned for Light Industrial use. See attached Zoning Ordinance for Town of Laurel which includes specific L-1 uses.
Two parcels to be sold together (232-12.00-49.00 and 232-12.00-51.00) TOTALS APPROXIMATELY 3.6 ACRES. Annexation into the Town of Laurel is a possibility (if desired) Brick office building, open shed (previously used as dock for Auction Block next door). Also a billboard sign that generates a yearly rental income. Property is located close to the busy Route 13 and Route 9 intersection.
LOCATION LOCATION LOCATION! This freestanding TURN KEY Restaurant/Bar with Pool Tables and Arcade areas is strategically located in the heart of Laurel, DE. With about 10,000 square feet in two stories of exceptionally well kept space and 80+ private parking spaces this opportunity is a diamond in the rough for anyone looking to capture the dining and nightlife of Laurel and the surrounding areas. Currently the 7,000 +/- square foot first floor consists of a large kitchen that serves sit down restaurant space, bar, restrooms and arcade area. The 3,000 +/- square foot second floor currently consists of an additional kitchen area, offices, restrooms and a pool hall area. There are also multiple mezzanines around the main restaurant area that house live band and DJ accommodations as well as additional storage for chairs, tables and event items.
A prime investment and/or redevelopment opportunity fronting Sussex Highway (RT 13) and County Seat Highway (RT 9) in Laurel, Delaware. The 8-acre site currently features a 69,000 SF multi-unit commercial building and gas station (6-yrs left on gas station lease; property owner receives a rebate based on gallons sold). There is a permanent easement in place with the adjacent Burger King and cell tower. Stormwater management in place with prorated maintenance agreement based on amount of land owned. Any upgrades to stormwater management are billed to whoever requires. Water and sewer stubbed and available. No restrictions. This site lends itself to a variety of possible uses and is situated at a highly trafficked, signaled intersection! Site plans, easement agreements, EDU information & more available upon request.
Laurel is located in Delaware. Laurel, Delaware has a population of 3,886. Laurel is less family-centric than the surrounding county with 6.5% of the households containing married families with children. The county average for households married with children is 20.2%.
The median household income in Laurel, Delaware is $34,615. The median household income for the surrounding county is $68,886 compared to the national median of $69,021. The median age of people living in Laurel is 20 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 45.6 inches per year, with 7.5 inches of snow per year.
