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Mann & Sons Inc

414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477

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Bill Mann

Broker / Owner

  • Cell 302.470.7600
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18 The Circle, GEORGETOWN, DE – $3,099,000

  • $3.1M Price
  • 14,000 Sqft
  • .34 Acres
  • 468 DOM
  • $3.1M Price
  • 14,000 Sqft
  • .34 Acres
  • 468 DOM

18 The Circle

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.

Essential Information

  • MLS® #DESU167124
  • Price$3,099,000
  • Bathrooms0.00
  • Square Footage14,000
  • Acres0.34
  • Year Built1836
  • TypeCommercial Sale
  • Sub-TypeOther
  • StatusActive

Community Information

  • Address18 The Circle
  • AreaGeorgetown Hundred (31006)
  • CityGEORGETOWN
  • CountySUSSEX-DE
  • StateDE
  • Zip Code19947

Interior

  • HeatingForced Air
  • CoolingGeothermal

Exterior

  • ExteriorBrick and Siding

School Information

  • DistrictINDIAN RIVER

Additional Information

  • County Tax478
  • Date ListedAugust 19th, 2020
  • Days on Market468
  • ZoningTN

Listing Details

  • OfficeR&R Commercial Realty
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Price Change History for 18 The Circle, GEORGETOWN, DE (MLS® #DESU167124)

Date Details Change
Price Increased from $2,750,000 to $3,099,000 $349,000 (12.69%)

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Listing information last updated on November 29th, 2021 at 10:17pm EST.