307 W 7Th Street Wilmington, DE ^$ 425,000

307 W 7Th Street

^$ 425,000

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307 W 7Th Street

Wilmington, DE, 19801

^$ 425,000

Studio Baths0.0 Sq 2,340

Monthly Estimate*

^$ 2,825

307 W 7Th Street, Wilmington, DE 19801 - Image 1

Studio

Commercial Property for sale in Wilmington, DE

for $425,000. This 2,340 square foot building was built in 1920 on a lot size of 0.04.

Great opportunity to own a mixed use building in the city of Wilmington. 7th St Deli has been a long term tenant. There's also two large apts upstairs a 3BR and a 2BR. Positive cash flow opportunity, owner is selling units 305 and 309 also, package deal available. Gross monthly is $3,900 monthly.

Commercial Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,587

Style

Convenience Store/Gas

Lot Size

0.04

Year Built

1920

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2056368

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix STREET

Central Air Y/N N

General

Sewer Private Sewer

Heating Baseboard - Electric

Cooling Window Unit(s)

Possession Negotiable

Zoning 26C-3

Construction Materials Brick

Year Built 1920

Property SubType Mixed Use

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Convenience Store/Gas

Accessibility None

County NEW CASTLE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions N. West St to R on W 7th St.

City WILMINGTON

Buyer Agent Compensation 2.5

Total Units 0

MLS Area Wilmington (30906)

Lot Size Square Feet 1742.00

Waterfront Y/N N

Street Name 7TH

Tax Annual Amount 2587.0

Price Per Sq Ft 181.62

Acceptable Financing Cash Conventional

Vacation Rental Y/N N

Days on Market 72

Standard Status Active

Year Built Source Estimated

Legal Subdivision WILMINGTON

Tax Lot 449

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 2340.00

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 N

Water Oriented Y/N N

Internal Only

Street Number 1 307

* Excluded Features

List By

Exp Realty, Llc

Broker

terryyoung23@gmail.com

Affordability Calculator

$3,040

Per Month

Monthly Principal & Interest: $2,825
Monthly Property Taxes: $216
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Wilmington, DE

Average List Price ^$714,776

Percent of Sale Price 68%

About Wilmington, DE

72,929 Population

0% Since 2002

^$41,839 Median Income

36.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$425,000		Listed Price

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307 W 7Th Street, Wilmington, DE, 19801 is a Commercial Property for sale at $425,000 with 2,340 sqft and a lot size of 0.04. 307 W 7Th Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 19801 which is in Wilmington, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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307 W 7Th Street

Commercial Property for sale in Wilmington, DE

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