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Crabby Dick's Restaurant 18831 Coastal Hwy

5,800 SF Retail Building Rehoboth Beach, DE 19971 $650,000 ($112/SF)

Investment Highlights

  • Extremely high traffic on Rt 1
  • Fully equipped and furnished with current menu and staff
  • Popular Restaurant with established clientel

Executive Summary

OUTSTANDING RESTAURANT OPPORTUNITY In high traffic location DIRECTLY off Rt 1 in Rehoboth Beach DE!! Operators are retiring and parting with this Fully Equipped & Furnished Restaurant with a great reputation for a great time, as well as Beach and American cuisine. Crabby Dicks is a popular local hangout and tourist must see driving year round customers. Crabby Trademark is also available for $100k allowing new operators to continue the retail sales and control the future growth of this popular brand! This is a turn-key opportunity with current staff in place and Strong P&L's available upon request and CA signatures. This location has plenty of parking, storage, and most of the kitchen equip is new or like new. 4+ years remaining on original lease term which would need to be assumed by new operator. This one wont last long, schedule your tour TODAY!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,800 SF
Building Class
B
Year Built
1997
Price
$650,000
Price Per SF
$112
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
1.80 AC
Zoning
C

Nearby Major Retailers

Grocery Outlet
Capital One
Chase
TD Bank
Philly Pretzel Factory
La Tonalteca
Shore United Bank
Starbucks
Safeway
WSFS Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 334-12.00-99.00
  • 334-12.00-99.01
Land Assessment
$8,500
Improvements Assessment
$116,600
Total Assessment
$125,100
  • Listing ID: 30139539

  • Date on Market: 11/21/2023

  • Last Updated:

  • Address: 18831 Coastal Hwy, Rehoboth Beach, DE 19971

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