616 Union st - Retail FOR SALE


Wilmington, DE 19805
$999,900 USD
302-414-1000
616 Union st, Wilmington, DE for Sale
$999,900 USD
Retail - FOR SALE
1/3
null | Request Cap Rate

616 Union st
Wilmington, DE 19805


HIGHLIGHTS

  • 1st Floor: Scheduled Income of $5,813.79/month (3,391 +/- SF/Restaurant)
  • 2nd Floor: Office/Studio Suites - 2 Units 1,965 +/- SF each (3,391 +/- SF Total)
  • Large On-Site Parking Lot
  • Zoned C-2 (City of Wilmington) - Flexible Zoning

OVERVIEW

Two-story, income-generating office/retail building located on North Union Street in Wilmington. This property sits on a 0.31 +/- acre lot and features a spacious parking lot, offering convenience for tenants and customers alike. Positioned in a bustling commercial corridor, the building benefits from excellent visibility, making it an ideal investment opportunity.

FOR SALE DETAILS

PRICE

$999,900 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office/Retail Mixed-Use Building for Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,286 SF

ZONING

C-2

APN/PARCEL ID

26-026.20-061

ASK ABOUT THIS PROPERTY

Joseph LatinaLMT Commercial Realty, LLCMore Info
302-414-1000

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Joseph LatinaLMT Commercial Realty, LLCMore Info
302-414-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.