Wilmington, DE 19802,4000 - 4012 N MARKET ST

$1,097,500

$1,289,000

14.9%
Est.Price: ?

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Est. payment /mo

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

Waterfront N

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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Bright MLS (BMLS)
Listed by Carol Plummer • Keller Williams Realty Wilmington
Bought with Carol Plummer • Keller Williams Realty Wilmington

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Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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