4905 MERMAID BLVD, Wilmington, DE 19808 – DENC2056972

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$5,200,000

Est. payment - /mo

43,400 SqFt

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UPDATED:

08/20/2024 08:39 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 43,400 sqft

Price per Sqft $119

MLS Listing ID DENC2056972

Originating Board BRIGHT

Year Built 1983

Annual Tax Amount $47,516

Tax Year 2022

Lot Size 2.600 Acres

Acres 2.6

Lot Dimensions 0.00 x 0.00

Property Description

We have listed a great investment opportunity in Wilmington, Delaware. Located at 4905 Mermaid BLVD, Wilmington, DE, this Fitness Center and Swim Club is a turn-key business listed at $5.2 million. Zoner C.N. (Commercial Neighborhood), this location gives incredible access to a large population of Wilmington residents. The property is 2.6 acres with a 43,400 sq ft facility. The property borders two parks and a golf course. A cap rate of 7.7 +/- is available on a sale and lease-back agreement.

Location

State DE

County New Castle

Area Brandywine (30901)

Zoning CN

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Inclusions All equipment

Heat Source Natural Gas

Exterior

Garage Spaces 135.0

Water Access N

Accessibility Other

Total Parking Spaces 135

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 08-036.20-354

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Jeffrey Spiegelman • The Moving Experience Delaware Inc

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262