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 $450,000.

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 Feb 13, 2024
Wilmington, DETerra Cafe is snuggled among many buildings in bustling downtown Wilmington. A sit-down restaurant in 1,476 +/- square feet serves lunch Monday through Thursday from 11:00 AM to 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.

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Highlights

  • Kitchen is "fully loaded" to accomplish all cooking tasks; 32 seats at tables; no bar or alcoholic beverages sold at the restaurant.
  • Restaurant is located in downtown Wilmington and there are a number of restaurants serving all cultures, cuisines, to satisfy the customers in the area.
  • The restaurant is only opened a minimum of hours during the week, serving only 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 ®

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Location

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

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Joseph Latina, SIOR

LMT CRE

(302) 414-1000