Details
Address:224-226 W. 9th StreetType:CommercialStyle:3 StorySize:5,172 sq. ft.Lot Size:2,614 sq. ft.Year Built:1900Taxes:$6,049.00 USD (2008)
Description
Dynamite location within Wilmington's historical district. 2 Buildings that were the former location of Bag-N-Baggage, which operated in this location for nearly 50 years. All brick mixed use buildings that include the potential for 4 rental apartments & 2,110 sq ft. of ground floor retail space. Buy both at this price or buy just one for $200,000. All income & expense figures shown here are "estimates" based on buyer renovating the apartments. Retail space income is estimated at $12 sq. ft. per year on a Triple Net Lease. 2 full basements are included, providing lots of extra storage space & house most of the utilities. A super location that's seeing lots of renovation & revitalization. Right in the heart of Wilmington's shopping and business district; offering a terrific opportunity to start you own business & have terrific apartment rental income to supplement your investment cash flow. $25,000 State financing at 3% int. for each building for qualified Investors for renovations!
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| ▪HEATING/COOLING:
- Public Water & Sewer
- Gas, Electric, Heat Pump, Hot Water
- Central Air
- Gas & Electric Hot Water
- On-Site Gas
- On-Site Electric | ▪UTILITIES AVAILABLE:
- Water
- Sewer
- Gas
- Electric
- Phone
- Cable TV |
| ▪TYPE/PARKING:
- Commercial
- Office
- Professional
- Retail
- Apartment Building
- Restaurant
- Tavern
- On-Street Parking | ▪INTERIOR FEATURES:
- Wood & Carpet Flooring
- Three Bath
- Fire Escape |
| ▪LOT INFORMATION:
- Downtown
- Interior
- Level Topography
- Borough/Township | |
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| ▪Carpeted Floors | ▪Hardwood Floors | |
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| ▪Cable Available | ▪High Speed Internet Available | ▪Public Transportation |
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"Amazing Location for your Business!"
RE/MAXRE/MAX of Wilmington
Listed by RE/MAX of Wilmington call: Patricia Wolf
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