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1512 N French St 4,800 SF 100% Leased Office Building Wilmington, DE 19801 $480,000 ($100/SF)
Investment Highlights
- down town location great traffic . Solid building structure
Executive Summary
Fully Leased! Best Offer Will Be Considered
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$36,000
|
$7.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,000
|
$7.82
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $7.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $7.82 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1930/2017
Price
$480,000
Price Per SF
$100
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,400 SF
Building FAR
0.92
Lot Size
0.12 AC
Zoning
26W4
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Spring Church
- Services
- 4,800 SF
- $8.00
- Plus Utilities
- Aug 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Spring Church | Services | 4,800 SF | $8.00 | Plus Utilities | Aug 2026 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 26-029.10-053 | Improvements Assessment | $588,500 (2025) |
| Land Assessment | $232,200 (2025) | Total Assessment | $820,700 (2025) |
Property Taxes
Parcel Number
26-029.10-053
Land Assessment
$232,200 (2025)
Improvements Assessment
$588,500 (2025)
Total Assessment
$820,700 (2025)
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Videos
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Photos
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Street
Map
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Presented by
Core Property Management LLC
1512 N French St
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