470 N DUPONT HWY #A, Dover, DE 19901
470 N DUPONT HWY #A, Dover, DE 19901
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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685
Listed by Nik Patel • Keller Williams Realty Central-Delaware
$350,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2049670

Year Built 1996

Annual Tax Amount $5,445

Tax Year 2025

Property Sub-Type Retail

Source BRIGHT

Property Description

Established 14-Year Retail Business: An opportunity to acquire First State Vape & Smokeshop, a recognizable retail business with approximately 14 years of operating history and a distinctive local presence highlighted by its prominent storefront mural. Offered at $350,000, including approximately $100,000 of inventory valued at documented purchase cost. (Final inventory will be confirmed by physical count at closing**). The proposed sale includes the business name, goodwill, equipment, fixtures, branding, telephone numbers, social-media accounts, and any seller-owned website or domain rights identified in the final purchase agreement. The business operates from one leased unit. An adjoining unit may also be available for future expansion but is not required as part of the acquisition, subject to landlord approval and lease terms. Seller will provide reasonable training and transition assistance. Additional financial and operating information is available following execution of a confidentiality agreement. Buyer is responsible for obtaining all required licenses and approvals. Please do not contact employees, customers, vendors, or the landlord directly. Financial figures are based on seller-provided P&Ls and the 2025 tax return and are subject to buyer verification.

Location

State DE

County Kent

Area Capital (30802)

Zoning C4

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Concrete, Luxury Vinyl Plank

Inclusions Fixtures, Furniture, Name/Rights, Inventory

Equipment Negotiable

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Street Surface Black Top

Accessibility None

Total Parking Spaces 6

Garage N

Building

Lot Description Corner

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Capital

Others

Tax ID NO TAX RECORD

Ownership Leasehold

Acceptable Financing Cash, Negotiable

Listing Terms Cash, Negotiable

Financing Cash,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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