3031 New Castle Ave - Supermarket FOR SALE


New Castle, DE 19720
$6,000,000 USD
302-383-1911
3031 New Castle Ave, New Castle, DE for Sale
$6,000,000 USD
Supermarket - FOR SALE
1/9
null | Request Cap Rate

3031 New Castle Ave
New Castle, DE 19720


HIGHLIGHTS

  • Sale Price: $6,000,000
  • 67,723 +/- SF Building (From Alta Survey)
  • 6.99 +/- Acres
  • Ample Parking
  • Potential for Outparcel Pads
  • Zoned CR

OVERVIEW

Established in 1959, Bowlerama is a very popular entertainment center on New Castle Avenue. The 67,723 +/- SF one-floor building sits on 6.99 +/- Acres and has 62 lanes for bowling, Keglers Sports Bar, Spare Rib Express Restaurant, KidsZone Arcade & Redemption Area, Dunkin' Donuts, Hershey's Ice Cream Parlor. Purchase as a family entertainment center or the potential exists for redevelopment of the property with a retail, warehouse, healthcare, municipal, or educational institution use. Plenty of land area in the parking field along New Castle Avenue, to accommodate at least one outparcel pad. The property’s close proximity to the I-295 interchange makes it convenient to over 100,000 +/- VPD for retail/food consumers and warehouse distribution.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Business/Retail/Warehouse Property for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Restaurant, Warehouse, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

490

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

CR

APN/PARCEL ID

10-010.40-029

ASK ABOUT THIS PROPERTY

Chris MooreLMT Commercial Realty LLCMore Info
302-383-1911

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Chris MooreLMT Commercial Realty LLCMore Info
302-383-1911

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.