$1,097,500
$1,289,000
14.9%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 10/28/2024
Key Details
Sold Price $1,097,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Penn Rose
MLS Listing ID DENC2059928
Sold Date 10/28/24
Originating Board BRIGHT
Year Built 1995
Annual Tax Amount $969
Tax Year 2022
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 80.00 x 100.00
Property Description
One City Block of Frontage! Three adjacent parcels fronting N. Market Street between 40th and 41st Street.
Five fully leased commercial ground floor spaces and four recently renovated apartments on second floor.
Excellent cash flow. Low expenses. 100% Occupancy. Wilmington Library under construction across the street. The three parcels could be developed in the future as the area expands.
Listing Includes three parcels: Tax ID 06-144.00-051 06-144.00-061 (empty lot) and 06-144.00-062
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning CR
Interior
Hot Water Electric
Cooling Window Unit(s)
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 25.0
Water Access N
Accessibility 32\"+ wide Doors
Total Parking Spaces 25
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Brandywine
Others
Tax ID 06-144.00-063, 06-144.00-051, 06-144-062
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Carol Plummer • Keller Williams Realty Wilmington
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "