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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.
| DAYS ON MARKET | 115 | LAST UPDATED | 8/10/2024 |
|---|---|---|---|
| YEAR BUILT | 1906 | COMMUNITY | Wilmington (30906) |
| COUNTY | NEW CASTLE | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Aug 10, '24 | $250,000 |
|---|---|
| Aug 10, '24 - Today | $899,900 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Wilmington (30906) |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 2178 sq ft |
| LOT DIMENSIONS | 18.90 x 131.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 2795 |
| WATER | Public |
| ZONING | Commercial Mixed use |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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