The Circle Georgetown Delaware
Commercial Industrial For Sale

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18 THE CIRCLE
Georgetown, Sussex, Delaware 19947

MLS #: DESU167124

Year Built

1836

Price

$2,895,000

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Mls Status: ACTIVE

Property Type: Commercial Industrial

List Price: $2,895,000

List Date: 03-23-2021

Year Built: 1836

Building Total SQFT Source: Assessor

Annual Taxes: $4,232

In City Limits: Y

Sewer: Public Sewer

School District: Indian River

Heating Fuel: Electric

Total Garage And Parking Spaces: 25

Cooling Fuel: Electric

Lot Sq. Feet: 14,810

Map Section: Between Rt 1 & 113

Lot Size Acres: 0.34

Ownership: Fee Simple

Building Style: Brick

Longitude & Latitude: 38.68951040 -75.38614484

Property Description

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.

18 THE CIRCLETHE CIRCLE, Georgetown, Delaware
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MLS Listing #: DESU167124
Asking Price: $2,895,000


Address: 18 THE CIRCLETHE CIRCLE
Georgetown, Sussex, Delaware 19947
You can name this property yourself otherwise a name will be generated for you.
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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.


 

Exterior type

Brick

Cooling

Geothermal

Heating

Forced Air

Water

Public

Sewer

Public Sewer

Land Options

Fee Simple

18 THE CIRCLETHE CIRCLE Georgetown, Sussex, Delaware 19947
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