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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 - primary purpose is to preserve and protect established urban neighborhoods

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 - primary purpose is to preserve and protect established urban neighborhoods

24 Hour Access

Courtyard

Storage Space

1 1

Moderately walkable

70/100

Moderately drivable

60/100

Some public transit

40/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	26-042.10-076	Improvements Assessment	$155,500
Land Assessment	$129,000	Total Assessment	$284,500

Property Taxes

Parcel Number

26-042.10-076

Land Assessment

$129,000

Improvements Assessment

$155,500

Total Assessment

$284,500

(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

1209 Sycamore St, Wilmington, DE for sale Building Photo- Image 3 of 5 — 1209 Sycamore - Units 1 - 7 - clean

1209 Sycamore St, Wilmington, DE for sale Building Photo- Image 4 of 5 — Building Photo

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1209 Sycamore St

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