107 5th St, Delaware City, DE for sale

Investment Overview

This high-visibility commercial property is located in the historic waterfront town of Delaware City, DE. Best known as "Kathy's Crabhouse," the solid, attractive building was built in 2000 with additions and an accessory garage added in more recent years. Currently, the primary building is set up as a 4,800 ± SF turn-key restaurant with covered seating for approximately 200 patrons having both ample on-site and nearby on-street parking available. The primary building also has a second floor 2,000 ± residence available for live, work, or additional rental income. Aside from the restaurant use of today, the 1.6 ± acre property is also a strong candidate for conversion based on its C2-Commercial General zoning which allows a range of uses including bank/financial, car wash, funeral home, church, contractor office/showroom and parking, business or government office and other uses.