2904 - 2906 N MARKET ST Active

Wilmington,DE 19802

$ 899900

- Bed

- Bath

3350 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $268

MLS Listing ID DENC2066408

Style Straight Thru

Year Built 1906

Annual Tax Amount $3,118

Tax Year 2022

Lot Size 2,614 Sqft

Property 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.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-1

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Inclusions Liquor License

Exterior

Waterfront N

Water Access N

Building

Lot Description Additional Lot(s),Rear Yard

Foundation Brick/Mortar,Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Brandywine

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition Standard

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