721 N King St

721 N King St, Wilmington, DE 19801

  • For Sale $425,000
  • Property Type Retail - Restaurant
  • Property Size 1,476 SF
  • Year Built 1940
  • Date Updated Mar 29, 2024
Wilmington, DETerra Cafe is snuggled among many buildings in a historic district on the main corridor in downtown Wilmington. A sit-down restaurant in 1,476 +/- square feet serves lunch Monday-Thursday from 11:00 AM-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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Attachments

Highlights

  • Kitchen is "fully loaded" to accomplish all cooking tasks; 32 seats at tables.
  • The restaurant is only open a minimum of hours during the week, serving 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.

Contacts

broker

Joseph Latina, SIOR

LMT CRE

(302) 414-1000

Location

Getting Around

  • Walk Score ®

    94/100 Walker's Paradise
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Wilmington, DE
  • Zip Code 19801
  • Market Philadelphia

Frequently Asked Questions

What is the lease rate for 721 N King St?

Rental asking rate at 721 N King St is $212,500.00/YR.

What is the total square footage of 721 N King St?

721 N King St totals 1,476 square feet.

When was this property built?

721 N King St was built in 1940.

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Contact Listing Broker

broker

Joseph Latina, SIOR

LMT CRE

(302) 414-1000