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1209 Sycamore St 10,837 SF Industrial Building Wilmington, DE 19805 $300,000 ($27.68/SF) 8.80% Cap Rate

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Investment Highlights

Attractive location
Good profit margin.

Low maintenance, easy to rent

Executive Summary

22-Unit Rental Garages in Browntown district of Wilmington location. Low vacancy, low turnover..
Includes roomy shop/storage area. Steady income producing property.
806 S Franklin St also available by owner - 30 units at $450,000

1209 Sycamore St - LoopNet Listing Brochure2

1209 Sycamore St - Unit Grid

Property Facts

Price	$300,000	Building Class	C
Price Per SF	$27.68	Lot Size	0.22 AC
Sale Type	Investment or Owner User	Rentable Building Area	10,837 SF
Cap Rate	8.80%	No. Stories	2
Property Type	Industrial	Year Built	1900
Property Subtype	Warehouse FlexLight Distribution	Tenancy	Single
Zoning	26R-3

Price	$300,000
Price Per SF	$27.68
Sale Type	Investment or Owner User
Cap Rate	8.80%
Property Type	Industrial
Property Subtype	Warehouse FlexLight Distribution
Building Class	C
Lot Size	0.22 AC
Rentable Building Area	10,837 SF
No. Stories	2
Year Built	1900
Tenancy	Single
Zoning	26R-3

24 Hour Access

Courtyard

Storage Space

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Walk Score®

Very Walkable (79)

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Property Taxes

Parcel Number	26-042.10-076	Improvements Assessment	$15,200
Land Assessment	$18,600	Total Assessment	$33,800

Property Taxes

Parcel Number

26-042.10-076

Land Assessment

$18,600

Improvements Assessment

$15,200

Total Assessment

$33,800

(302) 562-9555

Contact

Domenick Peronti
Investment Property Services LLC

Listing ID: 35757360
Date on Market: 5/6/2025
Last Updated:
Address: 1209 Sycamore St, Wilmington, DE 19805

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1209 Sycamore St, Wilmington, DE for sale Primary Photo- Image 1 of 5 — Primary Photo

1209 Sycamore St, Wilmington, DE for sale Building Photo- Image 2 of 5 — 1209 Sycamore - Aerial View - Clean

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