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Nicola Pizza sells Rehoboth locations for $4 million

Monday, August 17, 2020 Less than a year after announcing the restaurant’s future departure from Rehoboth Beach, Nicola Pizza has sold its two downtown properties. According to Sussex County property records, the two sites sold April 5 for a total of $4 million – $2.4 million for the Rehoboth Avenue location and $1.6 million for the North First Street parcel. The properties were sold to Trahos Capital Investments LLC, which has a mailing address of Falls Church, Va. Nick Caggiano Sr., who founded Nicola Pizza with his late wife Joan in 1971, confirmed the sale of the properties. In an interview April 20, he said the restaurant will operate in Rehoboth Beach through the summer of 2021.

Falls churchTrahos capital investmentsRehoboth beachNicola pizzaSussex countyRehoboth avenueNorth first streetOcean one plazaDimitra yogaMax challengeவிழும் தேவாலயம்ரெதோபோத் கடற்கரைநிகோலா பீஸ்ஸாசசெக்ஸ் கவுண்டிரெதோபோத் அவென்யூவடக்கு முதல் தெரு

Demolition will make way for new Nicola Pizza

Lewes Delaware 19958United States A demolition crew is busy tearing down the former Wright Self-Storage facility to make way for a new Nicola Pizza restaurant adjacent to Ocean One Plaza near Five Points, Lewes. Plans were approved recently by Sussex County officials for a 9,640-square-foot, two-story restaurant with a 1,726 square-foot covered deck on the parcel off Route 1. Nicola owners, the Caggiano family, plan to vacate and sell their two existing properties at North First Street and Rehoboth Avenue in downtown Rehoboth Beach. Work is expected to be completed in late summer or early fall. Subscribe to the CapeGazette.com Daily Newsletter

Wright self storageNicola pizzaOcean one plazaFive pointsSussex countyNorth first streetRehoboth avenueரைட் சுய சேமிப்புநிகோலா பீஸ்ஸாகடல் ஒன்று ப்லாஸஐந்து பாயஂட்ஸ்சசெக்ஸ் கவுண்டிவடக்கு முதல் தெருரெதோபோத் அவென்யூ

Plan approved for new Nicola Pizza restaurant

Monday, August 17, 2020 Sussex County Planning and Zoning Commission has approved a preliminary site plan for a new Nicola Pizza in Lewes. The Caggiano family, owners of the iconic Rehoboth Beach restaurant and sports bar, announced last summer they would vacate their Rehoboth Avenue and North First Street locations, and build a new restaurant adjacent to Ocean One Plaza, which is owned by the family. The family opened its restaurant on North First Street in 1971 and then its two-story sports bar on Rehoboth Avenue in 2010. The Caggianos plan to sell the two Rehoboth Beach properties. The plan includes a 9,640-square-foot, two-story restaurant with a 1,726-square-foot covered deck and 144 parking spaces on a lot along Route 1 once occupied by the former Wright’s Self-Storage. The project is expected to be completed this fall.

Kim hoey stevensonVince robertsonNick jrZoning commissionSussex county planningNicola pizzaRehoboth beachRehoboth avenueNorth first streetOcean one plazaPlan approved for new nicola pizza restaurantகிம் ஹோய் ஸ்டீவன்சன்வின்ஸ் ராபர்ட்சன்நிக் ஜூனியர்ஸோநிஂக் தரகுசசெக்ஸ் கவுண்டி திட்டமிடல்

Downtown Rehoboth retailers struggle, cite COVID restrictions, high rent, parking - Delaware State News

Downtown Rehoboth retailers struggle, cite COVID restrictions, high rent, parking - Delaware State News
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