721 N King St

For Sale

721 N King St, Wilmington, DE 19801

This Wilmington property for sale is located at 721 N King St. The current listed sale price for 721 N King St is $425,000.

Contacts

broker

Joseph Latina, SIOR

LMT CRE

(302) 414-1000

Property Details

  • Property Type Retail - Restaurant
  • Property Size 1,476 SF
  • Year Built 1940
  • Date Updated Mar 29, 2024
Wilmington, DETerra Cafe is snuggled among many buildings in a historic district on the main corridor in downtown Wilmington. A sit-down restaurant in 1,476 +/- square feet serves lunch Monday-Thursday from 11:00 AM-2:00 PM. Most of its business is catering to the downtown law firms, banks and other businesses daily. Most clientele walks to dine and/or pick up lunch. Parking is on the street.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Kitchen is "fully loaded" to accomplish all cooking tasks; 32 seats at tables.
  • The restaurant is only open a minimum of hours during the week, serving lunch. A new owner could expand by serving breakfast and an early dinner. It could also apply to serve alcoholic beverages with the OABCC.
  • Sellers will work with new buyer two-weeks after settlement.

Attachments

Getting around

  • 94/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wilmington, DE
  • Zip Code 19801
  • Market Philadelphia

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Joseph Latina, SIOR

LMT CRE

(302) 414-1000