2904 - 2906 N Market Street Wilmington, DE $ 899,900
2904 - 2906 N Market Street
$ 899,900
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2904 - 2906 N Market Street

Wilmington, DE, 19802
$ 899,900
Bedrooms-- Baths-- Sq 1,750

Monthly Estimate*

$ 5,614

2904 - 2906 N Market Street, Wilmington, DE 19802 - Image 1
2904 - 2906 N Market Street, Wilmington, DE 19802 - Image 2
2904 - 2906 N Market Street, Wilmington, DE 19802 - Image 3
2904 - 2906 N Market Street, Wilmington, DE 19802 - Image 4

Commercial Property for sale in Wilmington, DE

for $899,900. This 1,750 square foot building was built in 1906 on a lot size of 0.05.

Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today! Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.

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Commercial Pending

Price

$ 899,900

Property Type

Commercial

Taxes

$ 2,996

Style

General Retail

Lot Size

0.05

Year Built

1906

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2065714

Features
Interior
Heating Fuel Electric
Hot Water None
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate
Zoning 26C-1
Construction Materials Brick
Exclusions Security monitoring system
Year Built 1906
Electric 200+ Amp Service
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Other/General Retail
Accessibility None
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Possible Use Beer/Wine/Liquor Apartments
Water Access Y/N N
Status PENDING
Directions Please use GPS.
City WILMINGTON
Number Of Units Total 2
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 2996.0
Property Condition Below Average
Price Per Sq Ft Total AG 514.23
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 439
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Exterior
Water Source Public
Inclusions Refrigerators
Type of Parking On Street
Water View Y/N N
Building Area Total 1750.00
Lot Dimensions 18.90 x 131.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 10800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2904
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* Excluded Features
List By
Vra Realty

Broker

anthony.letizia.21@gmail.com

Email

Affordability Calculator

$5,864
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,614
Monthly Property Taxes
$250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2024$250,000 Listed Price

Map


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2904 - 2906 N Market Street, Wilmington, DE, 19802 is a Commercial Property for sale at $899,900 with 1,750 sqft and a lot size of 0.05. 2904 - 2906 N Market Street was built in 1906. The property's zip code is 19802 which is in Wilmington, DE