Details
Address:226 W. 9th StreetType:CommercialStyle:3 StoryGarage:"On-Street Parking"Basement:YesSize:2,662 sq. ft.Lot Size:1,307 sq. ft.Year Built:1899Taxes:$3,275.00 USD (2008)
Description
A Dynamite location within the City of Wilmington's historical district. The former location of Bag-N-Baggage, which operated in this location for nearly 50 years. An all brick building; one of 2 buildings being sold. Purchase both buildings for $375,000 or buy them one at a time. Super multi-use building, which includes the potential for 2 rental apartments & 1,110 sq ft. of ground floor retail space. All income 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. A full basement is included, provides lots of extra storage space & houses most of the utilities. Super location that's seeing lots of renovation and revitalization. Right in the heart of Wilmington's shopping and business district; offering a terrific opportunity to start you own business and have terrific rental income to supplement your investment cash flow. $25,000 State financing at 3% int. for qualified Investors for renovations!
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| ▪HEATING/COOLING:
- Public Water & Sewer
- Gas
- Gas & Electric Hot Water
- On-Site Gas | ▪UTILITIES AVAILABLE:
- Water
- Sewer
- Gas
- Electric
- Phone
- Cable TV
- Above Ground |
| ▪TYPE/PARKING:
- Commercial
- Retail
- Apartment Building | ▪INTERIOR:
- Wood & Carpet Flooring
- Three Bath
- Fire Escape
- Kitchen Facilities |
| ▪LOT INFORMATION:
- Downtown
- Level Topography
- Borough/Township | |
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| ▪Cable Available | ▪High Speed Internet Available | ▪Public Transportation |
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"Great Location for you Business!"
RE/MAXRE/MAX of Wilmington
Listed by RE/MAX of Wilmington: Buyer Agent: Patricia Wolf
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