Address
4000 - 4012 N Market Street, Wilmington, DE
Price
$ 1,400,000
Property Attributes
- MLS#DENC2059928
- TypeCommercial
- CountyNEW CASTLE
- CityWilmington
- AreaWilmington
- NeighborhoodPenn Rose
- Zip19802
- StyleAuto Related,Apartment Building,Hair Salon and Spa
- Year Built1995
- Taxes$ 969
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11650
- Lot Size7,841 SqFt
Data Source:
Bright MLS
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
| Price History | |
|---|---|
| 4/20/2024 | Listed $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Window Unit(s) |
| Possession | 61-90 Days CD |
| Zoning | CR |
| Construction Materials | Asphalt |
| Exclusions | Tenant propery,equipment |
| Year Built | 1995 |
| Property SubType | Retail |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Auto Related,Apartment Building,Hair Salon and Spa,Other/General Retail |
| Accessibility | 32 + wide Doors |
| County | NEW CASTLE |
| Net Operating Income | 117000.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | PENN ROSE |
| Possible Use | Apartment Building,Automotive,Barber/Beauty,Car Wash,Commercial,Mixed Use |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile |
| Status | ACTIVE |
| Directions | Take North Market street to 40th Street intersection. |
| ModificationTimestamp | 2024-04-24T17:49:28 |
| City | WILMINGTON |
| Disclosures | Sell Entirely |
| MLS Area | Wilmington (30906) |
| Lot Size Square Feet | 7840.00 |
| Tax Assessed Value | 27400.0 |
| Waterfront Y/N | No |
| Street Name | MARKET |
| Tax Annual Amount | 969.0 |
| Acceptable Financing | Cash,Conventional |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 11 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | PENNROSE |
| Tax Lot | 063 |
| Cap Rate | 8.40 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric,Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Building HVAC equipment |
| Total Parking Spaces | 25 |
| Type of Parking | Parking Lot |
| Traffic Count | 20000-29999 |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Dimensions | 80.00 x 100.00 |
| Lot Size Acres | 0.18 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 27400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 25 |
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 19802
Price
Taxes
Visits
Year Built
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