2904 - 2906 N MARKET ST Under Contract Save Request In-Person Tour Request Virtual Tour
Wilmington,DE 19802
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $514
MLS Listing ID DENC2065714
Originating Board BRIGHT
Year Built 1906
Available Date 2024-08-02
Annual Tax Amount $2,996
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 18.90 x 131.00
Property Sub-Type Mixed Use
Property Description
Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today!
Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-1
Interior
Hot Water None
Heating Baseboard - Electric
Cooling Window Unit(s)
Inclusions Refrigerators
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Brandywine
Others
Tax ID 26-022.20-439
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard