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.
MLS# | DENC2066408 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1906 |
Days On Site | 183 |
Listing Provided By | VRA Realty | Anthony Thomas Letizia |
SQ Feet | 3,350 |
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Basement | Y |
Units | 4 |
Zoning | 26C-1 |
Acreage | 0.06 |
State | DE |
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County | New Castle |
City | Wilmington |
Zip Code | 19802 |
Area | Wilmington |
School District | Brandywine |
Listing VS Median (in 19802) | |
Price: $899,900 low | high Med: $215,000 SqFt: 3,350 low | high Med: 1,300 $ / SqFt: $269 low | high Med: $183 On Site: 183 low | high Med: 64.000000 |