708 Philadelphia Pike - Storefront Retail/Office FOR SALE


Wilmington, DE 19809
$950,000 USD
302-561-0385
708 Philadelphia Pike, Wilmington, DE for Sale
$950,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | Request Cap Rate

708 Philadelphia Pike
Wilmington, DE 19809


HIGHLIGHTS

  • Fully leased with a strong tenant.
  • P# 1700100001 consisting of two buildings. (7,650sf & 2,625 sf)
  • Close to all major highways, I-95, I-495 and on Rt. 13.
  • Potential to increase income with below-market rents
  • Low maintenance building for ease of ownership
  • 4 new gas-fired HVAC units installed in 2023

OVERVIEW

Situated within a zone offering mixed-use flexibility, this property comes leased with a long-term tenant, making it an ideal investment opportunity. Identified by the reference number P#1700100001, it boasts excellent visibility with a lot frontage spanning 170 feet. Additionally, the presence of a dock door and ample free parking enhance its appeal for various commercial endeavors.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

17MX2-Mixed Use 2

APN/PARCEL ID

17-001.00-001

ASK ABOUT THIS PROPERTY

Lorraine SheldonNAI Emory HillMore Info
302-561-0385

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Lorraine SheldonNAI Emory HillMore Info
302-561-0385

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