18 The Circle, Georgetown, 19947 $3,099,000

MLS Number: 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.

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Exterior Features

Construction Materials: Brick

Interior Features

Heating: Forced Air
Heating Fuel: Electric
Cooling: Geothermal
Hot Water: Propane

Additional Details

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