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1401 Pennsylvania Ave - Retail Condo For Sale 750 SF Office Condo Unit Offered at $135,000 in Wilmington, DE 19806
Investment Highlights
- Located within a mixed-use building with residential condominiums above
- Ideal for owner-users or investors
- Prominent Pennsylvania Avenue location with convenient access to Downtown Wilmington
- Existing plumbing and functional layout suitable for a variety of service-oriented uses
Executive Summary
Position your business or investment portfolio with this former hair salon condo available for sale at 1401 Pennsylvania Avenue in Wilmington, Delaware. The space offers a functional layout that can support a variety of professional, personal service, office, or medical-related uses. Previously configured as a salon, the property offers a practical layout and existing plumbing that can accommodate a variety of service-oriented businesses. Located within a mixed-use building with residential condominiums above, the property benefits from a built-in residential presence while remaining easily accessible to the surrounding community. This opportunity is well-suited for owner-users or investors seeking a versatile commercial property.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Calling all small business owners! Welcome to 1401 Pennsylvania Ave #102. This commercial storefront offers 750 square feet of usable space conveniently located in Trolley Square and within walking distance to everything that Union St, Market St, and the Wilmington Business District has to offer! The condo association fee electric, water, trash and cable! This unit offers an abundance of natural light and includes two additional rooms that could be used as private office space or storage. The monthly condo fees include all utilities and give you access to multiple common areas and a beautiful shared garden/patio space outside the building. Some photos are staged to show what the space could look like once you add your finishing touches. The opportunities are endless!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 | 750 SF | Office | $135,000 ($180.00/SF) | - |
Unit 102
| Unit Size |
| 750 SF |
| Condo Use |
| Office |
| Price |
| $135,000 ($180.00/SF) |
| NOI |
| - |
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Unit 102
| Unit Size | 750 SF |
| Condo Use | Office |
| Price | $135,000 ($180.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Calling all small business owners! Welcome to 1401 Pennsylvania Ave #102. This commercial storefront offers 750 square feet of usable space conveniently located in Trolley Square and within walking distance to everything that Union St, Market St, and the Wilmington Business District has to offer! The condo association fee electric, water, trash and cable! This unit offers an abundance of natural light and includes two additional rooms that could be used as private office space or storage. The monthly condo fees include all utilities and give you access to multiple common areas and a beautiful shared garden/patio space outside the building. Some photos are staged to show what the space could look like once you add your finishing touches. The opportunities are endless!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 212,055 SF | Floors | 15 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 777 SF |
| Property Subtype | Year Built | 1960 | |
| Building Class | B | Lot Size | 0.82 AC |
| Zoning | 26R-2A | ||
| Total Building Size | 212,055 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 15 |
| Typical Floor Size | 777 SF |
| Year Built | 1960 |
| Lot Size | 0.82 AC |
| Zoning | 26R-2A |
Amenities
Site Amenities
- 24 Hour Access
- Concierge
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Gameroom
- Storage Space
- Bicycle Storage
- Conference Rooms
- Elevator
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 184 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1401 Pennsylvania Ave - Retail Condo For Sale
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