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396 Larch Ave
Wilmington, DE 19804
Larch Avenue Professional Center · Office Property For Sale

EXECUTIVE SUMMARY

Retail/office condominium for sale in Larch Avenue Corporate Center. The unit is currently leased and operated as a hair salon. The current lease expires 6/30/21. Tenant has occupied the property since May 2014. -Two-story condo -Restroom on first floor -Convenient location off of Route 4 in Newport -Close to 141 & I-95 -Monthly rent increases to $1,650 on June 1, 2019 -Condo Fee: $199/month -Real Estate Taxes: $2,438 (2017/18)

PROPERTY FACTS

Property Type Office
Property Subtype Office/Residential
Building Class B
Lot Size 3.03 AC
Rentable Building Area 25,200 SF
No. Stories 2
Year Built/Renovated 1973/2004
Parking Ratio 1.59/1,000 SF
APN / Parcel ID
20-002.00-045
  • 20-002.00-045.C-0396
  • 20-002.00-045.C-0397
  • 20-002.00-045.C-0398
  • 20-002.00-045.C-0400
  • 20-002.00-045.C-0401
Zoning B, Newport Town

AMENITIES

  • Security System
  • Listing ID: 15165085

  • Date on Market: 2/13/2019

  • Last Updated:

  • Address: 396 Larch Ave, Wilmington, DE 19804

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