Address
305 W 7Th Street, Wilmington, DE
Price
$ 350,000
Property Attributes
- MLS#DENC2056244
- TypeCommercial
- CountyNEW CASTLE
- CityWilmington
- AreaWilmington
- Zip19801
- StyleGeneral Retail
- Year Built1903
- Taxes$ 1575
- Price$ 350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1800
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
Great opportunity to own mixed use building in the city of Wilmington. There's 1 retail and 4 residential units in this building. Residential is fully leased, retail tenant just vacated. Gross monthly was $3,570 / hair salon was paying $850 a month.
| Price History | |
|---|---|
| 2/15/2024 | Listed $350,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | Window Unit(s) |
| Possession | Negotiable |
| Zoning | 26C-3 |
| Construction Materials | Brick |
| Year Built | 1903 |
| Property SubType | Mixed Use |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 42840.00 |
| Business Type | Other/General Retail |
| Accessibility | None |
| County | NEW CASTLE |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | 300 block of W 7th,4th St to L on N. West St to R on W 7th. |
| ModificationTimestamp | 2024-02-19T00:06:20 |
| City | WILMINGTON |
| Buyer Agent Compensation | 2.5 |
| MLS Area | Wilmington (30906) |
| Lot Size Square Feet | 1742.00 |
| Tax Assessed Value | 29100.0 |
| Waterfront Y/N | No |
| Street Name | 7TH |
| Tax Annual Amount | 1575.0 |
| Price Per Sq Ft | 175.0 |
| Acceptable Financing | Cash,Conventional,Private |
| Vacation Rental Y/N | No |
| Days on Market | 72 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | WILMINGTON |
| Tax Lot | 450 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Multi-tank |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 2000.00 |
| Lot Dimensions | 19.00 x 90.00 |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 17400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19801
Price
Taxes
Visits
Year Built
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