Thursday, January 22, 2015

Wilmington, DE Restaurant Sold for $950,000

805 North Union Street in Wilmington, DE was sold for $950,000. The 4,575 square feet one-story building fronts Union Street in the heart of Wilmington's "Little Italy."

The property was sold by T & M Properties & Union City Grill, LLC, to a restaurant headed by Chef Matthew Curtis, to Bread & Butter, LLC, also known as Ashby Management Group.
Ashby Management plans to renovate the building and open a full-service, casual dining restaurant serving modern American cuisine with a Tai/Asian flare. The group has also opened and operates several other restaurants locally with great success, including three McGlynn's Pubs (Pike Creek, Bear & Dover), The Deerpark Tavern (Newark), and Cantwell's Tavern (Odessa).

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