2904 2906 N Market Street
Wilmington, DE 19802
- – beds
- – baths
- 3,350 sqft
- 2,614 sqft lot
- $268 per sqft
- 1906 build
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.
Listing courtesy of BRIGHT / VRA Realty
Last checked:
Checking…
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Last updated Dec 12, 2024
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MLS# DENC2066408 —
The Building
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Year Built:1906
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Building Levels:2
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Building Units Total:4
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Structure Type:Twin/Semi-Detached
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Architectural Style:Straight Thru
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Security Features:Exterior Cameras
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Accessibility Features:Level Entry - Main
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Foundation Details:Brick/Mortar, Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3350
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Living Area SqFt:3,350 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Other
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Possession:Immediate
Location
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Directions:Please use GPS.
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Latitude:39.75560379
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Longitude:-75.53266144
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Below Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:18.90 x 137.50
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Lot Dimensions Source:Assessor
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Lot Features:Additional Lot(s), Rear Yard
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Lot SqFt:2,614 Sqft
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Inclusions:Liquor License
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Zoning Description:Commercial Mixed Use
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Zoning:26C-1
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (845) 222-3569
- Office phone:
- (484) 800-1777
Taxes
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Tax ID Number:26-022.20-440
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Tax Year:2022
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Tax Lot:440
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Tax Annual Amount:$3,118
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Tax Assessed Value:$64,700
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Year Assessed:2022
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School Tax:1755.0
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County Tax:163.00
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City/Town Tax:1200.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Brandywine
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/11/24
Aug 11, 2024
|
Listed / Active | BRIGHT | $899,900 |