Details
Address:224 W. 9th StreetType:CommercialStyle:Single StoryGarage:"On-Street Parking"Basement:YesSize:2,510 sq. ft.Lot Size:1,307 sq. ft.Year Built:1912Taxes:$2,774.00 USD (2008)
Description
Dynamite location within 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 & 1,000 sq ft. of ground floor retail space. 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. A full basement is included, provides lots of extra storage space and houses most of the utilities. A 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 your 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
- Heat Pump
- Central Air
- Gas & Electric Hot Water
- On-Site Gas & Electric | ▪UTILITIES AVAILABLE:
- Water
- Sewer
- Gas
- Electric
- Phone
- Cable TV |
| ▪TYPE/PARKING:
- Commercial
- Office
- Professional
- Retail
- Apartment Building
- Restaurant
- Tavern | ▪INTERIOR:
- Wood & Carpet Flooring
- Three Bath
- Fire Escape |
| ▪LOT INFORMATION:
- Downtown
- Level Topography
- Borough/Township | |
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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: Buyer Agent: Patricia Wolf
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