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10-16 S Maryland Ave 16 S Maryland Ave 4,320 SF 100% Leased Retail Building Wilmington, DE 19804 $535,000 ($123.84/SF)



Executive Summary
3 commercially zoned(CN) retail/apt properties(10, 12 and 16 S Maryland Ave) with parking lot on the heavily travelled thoroughfare of S Maryland Ave. Located outside of the city limits, a value add opportunity like this doesn't come along very often. Formally used as office space, storage, apts and retail.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,320 SF
Year Built
1953
Price
$535,000
Price Per SF
$123.84
Percent Leased
100%
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
Commercial - CN, Commercial Neighborhood
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-043.10-395 | Improvements Assessment | $125,600 |
| Land Assessment | $258,000 | Total Assessment | $383,600 |
Property Taxes
Parcel Number
07-043.10-395
Land Assessment
$258,000
Improvements Assessment
$125,600
Total Assessment
$383,600
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10-16 S Maryland Ave | 16 S Maryland Ave
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