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Executive Summary

Restaurant, takeout, and catering sits on 1.31 acres with 67 parking spots, and two buildings with a total of 8,00 square feet. Seats 200 people with 64 tables, 12 seats in bar, and first and second floor dining areas, including technology hub and two offices. Building has full commercial kitchen with 2 walk-in-freezer coolers, women & men's and employee bathrooms. Second building has freezer cooler walk-ins, commercial kitchen, office, and meeting areas used for catering quotes. The property is available for sale for $3,300,000 while the business is being offered separately for $2,300,000. This is a well established full service restaurant with separate takeout entrance along with catering services 51 years in business with one owner. FF&E included in asking price for business.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,482 SF
Building Class
B
Year Built
1970
Price
$3,300,000
Price Per SF
$736.28
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.29 AC
Zoning
CR - In New Castle County, Delaware (which includes Wilmington), "CR" zoning stands for "Commercial Regional"
Parking
60 Spaces (13.39 Spaces per 1,000 SF Leased)
Frontage
83’ on Lancaster Pike

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Wegmans
First Watch
Fulton Bank
Comerica

Property Taxes

Property Taxes

Parcel Number
07-033.30-045
Land Assessment
$144,200
Improvements Assessment
$250,400
Total Assessment
$394,600
  • Listing ID: 39678762

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 3701 Lancaster Pike, Wilmington, DE 19805

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