Wilmington, DE 19802 2904 - 2906 N Market Street

Pending
2904 - 2906 N Market Street Wilmington, DE - Image 12904 - 2906 N Market Street Wilmington, DE - Image 22904 - 2906 N Market Street Wilmington, DE - Image 3
Presented By: VRA Realty
  • MLS# DENC2065714
  • 07/30/2024
  • Request Tour
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  • SQFT • 1,750

Home Details

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.
Presented By: VRA Realty

Interior Features for 2904 - 2906 N Market Street

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterNone

General for 2904 - 2906 N Market Street

Acceptable FinancingConventional, Cash
AccessibilityNone
Business TypeOther/General Retail
CityWILMINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyNEW CASTLE
DirectionsPlease use GPS.
Electric200+ Amp Service
ExclusionsSecurity monitoring system
HeatingBaseboard - Electric
Legal SubdivisionWILMINGTON
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
ModificationTimestamp2025-04-21T08:40:22
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionImmediate
Possible UseBeer/Wine/Liquor, Apartments
Price Per Sq Ft Total AG514.23
Property ConditionBelow Average
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusPending
StatusPENDING
Tax Annual Amount2996.0
Tax Assessed Value58000.0
Tax Lot439
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1906
Year Built SourceEstimated
Zoning26C-1

Exterior for 2904 - 2906 N Market Street

Building Area Total1750.00
Car Parking Spaces
InclusionsRefrigerators
Land Assessed Value10800.00
Land Use Code
Lot Dimensions18.90 x 131.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $899,900
MLS#DENC2065714
List Date 07/30/2024
Property Type Pending
Phone 703.929.4729
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