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For sale is the property at 10 E Commerce St. Smyrna, DE 19977 for $300,000. 10 E Commerce is a brick multi-use property located in the heart of downtown Smyrna within easy walking distance of restaurants, a library, shopping, and more. On the second floor is a long-term tenant in a 3 bedroom, 1 bathroom apartment. The first floor is fitted out as 1,675 +/- sqft of professional office but has potential for conversion to 2 residential units. Recent renovations include updated windows, doors, and a new HVAC system. At current market office space lease rates, the property has the potential of being an 11% cap rate. The property has easy access to all parts of the state.
DAYS ON MARKET | 325 | LAST UPDATED | 12/27/2021 |
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YEAR BUILT | 1990 | COUNTY | KENT |
STATUS | Sold | PROPERTY TYPE(S) | Commercial |
School District | SMYRNA |
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ADDITIONAL DETAILS | |
AIR | Central A/C |
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AIR CONDITIONING | Yes |
CONSTRUCTION | Brick |
HEAT | Central |
HOA DUES | None |
LOT | 6534 sq ft |
LOT DIMENSIONS | 34.00 x 191.41 |
SEWER | Public Sewer |
TAXES | 1885.00 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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