2913 N Market Street Wilmington, DE $ 775,000
2913 N Market Street
$ 775,000
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2913 N Market Street

Wilmington, DE, 19802
$ 775,000
Baths0.0 Sq 4,000

Monthly Estimate*

$ 5,414

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Studio

Commercial Property for sale in Wilmington, DE

for $775,000. This 4,000 square foot building was built in 1900 on a lot size of 0.12.

Welcome to the Ninth Ward! A classic and charming community of yesteryear exuding an attention to detail and architectural flare rarely reproduced in todays modern renovation style. What we have here is an epically renovated, mixed use offering with two physical structures on an oversized City lot with proper 26R5-B Zoning. Majestic and elevated stone terrace overlooks the surrounding, commercial corridor with which the subject is sited. Wrap around and covered porch with ceiling fans provides the backdrop as you approach the main entrance. First floor is a commercial space, set up to be a daycare facility, that has approval for 12 individuals. Wainscoting and chair railing wraps the entire space, which features three spacious collaborative elements with cubbies, exposed brick built ins, a massive wall mounted TV, recessed lights, and ceiling fan. Two bathrooms service this level with granite vanities and toddler toilet provisions. Full kitchen with dark maple, soft close, shaker style cabinetry is topped with granite and flanked by a custom backsplash and stainless steel appliance package. Office is located on the rear area and has a TV which displays all cameras for the space. Last room is a staging area with sink that leads to rear, fenced in patio. Second floor provides a spacious, two bedroom apartment. As you enter, you will be greeted by a formal living area with recessed lights and a nook for a decorative element. Two bedrooms with modern closet capacity with custom light fixtures. Full bathroom with tile floor, walls, and shower stall all wrapped in glass enclosure with built ins and soaking tub to relax your stress away. Kitchen with soft close, dark maple, shaker style cabinetry is topped with granite, custom tile backsplash, stainless appliance package and laundry facility. Rear door leads to roof top deck and fire escape. Up the turned staircase to the third floor is another two bedroom apartment. Each bedroom has modern storage capacity and custom hanging light fixtures. Cozy living area to retreat to after a long days work. Kitchen with soft close, dark maple cabinetry in a shaker style with wrap around bar flanked by custom tile backsplash, stainless appliance package and topped off with laundry facilities. Access to private rear deck to relax and pass time. Accessory dwelling unit, detached in the back corner of the property, plays host to a third, two bedroom unit. Main level provides laundry facilities, half bath, kitchen and living space. Second floor is host to two spacious bedrooms and a private deck overlooking the rear patio and driveway area. All mechanicals are brand new to include water line from the street, gas line, meters and connectors, separate electric panels and meters for each unit, separate high efficiency gas fired HVAC units, separate high efficiency tankless hot water heaters for each unit, entire property security system with key pads in each of the three units in the main building, brand new branch wiring for the main building and separate electrical panels, new windows, roof, siding, poured concrete perimeter, as well as vinyl fence around the sides of the lot. Not a single millimeter was left untouched. Currently being used as an AirBnB for the two apartments in the main building, with a month to month tenant in the accessory dwelling. Main floor commercial space is turn key, 12 person daycare. nothing left to do here expect operate the daycare and either keep the AirBnB, or convert to traditional rental scenario. The true definition of a turn key, cash flowing property is being offered for sale, with the highest of fit and finish, leaving no space untouched, and no detail left out. Once the day care is operational, the pro forma is off the charts, and with the AirBnB, the sky can't even be the limit. Minimal maintenance expenditures and low operational costs mean less headache and more money to make! Start working for yourself and never look back!

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Commercial Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,060

Style

Apartment Building,Day Care Facility

Lot Size

0.12

Year Built

1900

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2047180

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile Laminate Plank
Hot Water Natural Gas Tankless
Total Stories 3
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C Ceiling Fan(s)
Possession Immediate
Roof Architectural Shingle Pitched
Zoning 26R5-B
Security Features Exterior Cameras Intercom Main Entrance Lock Non-Monitored Security System Smoke Detector Surveillance Sys
Construction Materials Brick Vinyl Siding Stone Stucco
Exclusions Tenant Personal Property
Year Built 1900
Electric 200+ Amp Service Circuit Breakers
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Day Care Facility
Accessibility None
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Subdivision Name NINTH WARD
Possible Use Apartment Building Apartments Day Care
Water Access Y/N N
Status ACTIVE
Directions East on Lea Blvd to right onto N. Market St. Follow down to the 2900 block. Property is on the right hand side of the street mid block.
City WILMINGTON
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - State Prop Disclosure Radon
Total Units 4
MLS Area Wilmington (30906)
Lot Size Square Feet 5227.00
Waterfront Y/N N
Street Name MARKET
Tax Annual Amount 3060.12
Property Condition Very Good
Price Per Sq Ft 195.51
Acceptable Financing Cash Conventional Exchange Private Wrap
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://mls.homejab.com/property/view/2913-n-market-st-wilmington-de-19802-usa
Days on Market 254
Standard Status Active
Year Built Source Assessor
Legal Subdivision WILMINGTON
Tax Lot 304
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Public
Inclusions As Shown. Units 2 and 3 furniture in main structure.
Type of Parking Driveway On Street
Foundation Details Stone Concrete Perimeter
Water View Y/N N
Building Area Total 3964.00
Lot Dimensions 52.50 x 100.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 4800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2913
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* Excluded Features
List By
Pantano Real Estate Inc

Broker

jphurley27@gmail.com

Email

Affordability Calculator

$5,669
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,414
Monthly Property Taxes
$255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$775,000 -3.13% Price Down
8/9/2023$800,000 Listed Price

Map


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2913 N Market Street, Wilmington, DE, 19802 is a Commercial Property for sale at $775,000 with 4,000 sqft and a lot size of 0.12. 2913 N Market Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 19802 which is in Wilmington, DE