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Kathy's Crab House 107 5th St 4,797 SF Retail Building Delaware City, DE 19706 For Sale



Executive Summary
This high-visibility commercial property is located in the historic waterfront town of Delaware City, DE. Best known as “Kathy’s Crab House,” 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 4,800 ± turnkey 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 2000 ± SF 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.
The property’s proximity and walkability to the Delaware City Marina, Fort DuPont, 13-mile Michael Castle Trail along the C & D Canal and the main street of the town (Clinton) work together to draw a steady mix of residents, boaters, cyclists, and visitors throughout the year, creating an ideal setting for a restaurant, hospitality, or retail use. With convenient access to Route 1 and the greater Wilmington region, this is a rare opportunity to acquire a well-known commercial property in one of Delaware's waterfront communities.
The property’s proximity and walkability to the Delaware City Marina, Fort DuPont, 13-mile Michael Castle Trail along the C & D Canal and the main street of the town (Clinton) work together to draw a steady mix of residents, boaters, cyclists, and visitors throughout the year, creating an ideal setting for a restaurant, hospitality, or retail use. With convenient access to Route 1 and the greater Wilmington region, this is a rare opportunity to acquire a well-known commercial property in one of Delaware's waterfront communities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,797 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.68 AC
Zoning
22C-2
Frontage
222’ on 5th St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kathy's Crab House Inc
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kathy's Crab House Inc | Accommodation and Food Services | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $806,300 | |
| Land Assessment | $351,400 | Total Assessment | $1,157,700 |
Property Taxes
Parcel Numbers
Land Assessment
$351,400
Improvements Assessment
$806,300
Total Assessment
$1,157,700
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Kathy's Crab House | 107 5th St
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