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2904 - 2906 N Market St
For Sale $899,900 ($268.63 per Sq Ft)
$899,900 ($268.63 per Sq Ft)
- 4 Units
- 3,350 Sq Ft
- 2,614 Sq Ft
- Unknown Cap Rate
Description
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $899,900 |
| Property Type | Other |
| Usable Sqft | 3,350 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1906 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 26022.20440 |
| MLS # | DENC2066408 |
| Property ID | 320752645 |
| Lot Sqft | 2,614 |
| Zoning | 26C-1 |
| Total Units | 4 |
| Days on Market | 107 |
| Original List Price | Unknown |
| Date Updated | November 06, 2024 |
| Date Created | August 10, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Anthony Thomas Letizia an agent of . Lic #RS0025591
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Data last updated: November 25, 2024.
Robert Crawford
REAL ESTATE AGENT