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3407 Lancaster Pike 3407 Lancaster Pike 9,055 SF 100% Leased Office Building Wilmington, DE 19805 $1,500,000 ($165.65/SF)



Investment Highlights
- Two garage bays
- Approximately 24,000 vehicles per day traffic count
- Excellent fit for medical, dental, legal, financial, consulting, and other professional services
- Newer roof — completely replaced approximately one year ago
- Flexible configuration for multiple users
Executive Summary
5200 SF High-Visibility Professional Office Building | 3407 Lancaster Pike, Wilmington, DE 19805
Exceptional visibility, flexible configuration, and move-in-ready condition make 3407 Lancaster Pike an outstanding opportunity for an owner-user, investor, or professional practice seeking a prominent Wilmington location.
This approximately 5,200 SF office building is currently configured into two separate office spaces, providing flexibility for multiple tenants, an owner-user with additional income potential, or a professional practice requiring dedicated areas for different functions. An additional bonus ground-floor space with two garage bays offers valuable storage, workspace, parking, or operational flexibility.
The property is ideally suited for a wide range of professional users, including medical and dental practices, law firms, accounting and financial firms, insurance agencies, engineering and consulting companies, and other professional services. The existing layout and quality finishes provide an excellent foundation for continued use or customization to meet a user's specific needs.
Positioned along Lancaster Pike with traffic counts of approximately 24,000 vehicles per day, the property offers excellent exposure and visibility for a business looking to establish or strengthen its presence in the Wilmington market.
The building has been well maintained, with a complete roof replacement approximately one year ago, providing a significant recent capital improvement. The interior features custom finishes that create a professional and distinctive environment for clients, employees, and visitors.
Property Highlights:
• Approximately 5,200 SF office building
• Currently divided into two office spaces
• Additional bonus ground-floor space
• Two garage bays
• Approximately 24,000 vehicles per day traffic count
• Excellent Lancaster Pike visibility
• Newer roof — completely replaced approximately one year ago
• Well-maintained structure
• Custom interior finishes
• Flexible configuration for multiple users
• Excellent fit for medical, dental, legal, financial, consulting, and other professional services
• Potential owner-user or investment opportunity
3407 Lancaster Pike offers the combination of location, visibility, flexibility, and condition that professional users look for. With multiple usable areas, garage space, quality finishes, and a recently replaced roof, this property presents a compelling opportunity for businesses seeking a prominent Wilmington office location.
Exceptional visibility, flexible configuration, and move-in-ready condition make 3407 Lancaster Pike an outstanding opportunity for an owner-user, investor, or professional practice seeking a prominent Wilmington location.
This approximately 5,200 SF office building is currently configured into two separate office spaces, providing flexibility for multiple tenants, an owner-user with additional income potential, or a professional practice requiring dedicated areas for different functions. An additional bonus ground-floor space with two garage bays offers valuable storage, workspace, parking, or operational flexibility.
The property is ideally suited for a wide range of professional users, including medical and dental practices, law firms, accounting and financial firms, insurance agencies, engineering and consulting companies, and other professional services. The existing layout and quality finishes provide an excellent foundation for continued use or customization to meet a user's specific needs.
Positioned along Lancaster Pike with traffic counts of approximately 24,000 vehicles per day, the property offers excellent exposure and visibility for a business looking to establish or strengthen its presence in the Wilmington market.
The building has been well maintained, with a complete roof replacement approximately one year ago, providing a significant recent capital improvement. The interior features custom finishes that create a professional and distinctive environment for clients, employees, and visitors.
Property Highlights:
• Approximately 5,200 SF office building
• Currently divided into two office spaces
• Additional bonus ground-floor space
• Two garage bays
• Approximately 24,000 vehicles per day traffic count
• Excellent Lancaster Pike visibility
• Newer roof — completely replaced approximately one year ago
• Well-maintained structure
• Custom interior finishes
• Flexible configuration for multiple users
• Excellent fit for medical, dental, legal, financial, consulting, and other professional services
• Potential owner-user or investment opportunity
3407 Lancaster Pike offers the combination of location, visibility, flexibility, and condition that professional users look for. With multiple usable areas, garage space, quality finishes, and a recently replaced roof, this property presents a compelling opportunity for businesses seeking a prominent Wilmington office location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,055 SF
Building Class
C
Year Built
1965
Price
$1,500,000
Price Per SF
$165.65
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,528 SF
Building FAR
0.44
Lot Size
0.47 AC
Zoning
CR - "Commercial Regional"
Parking
22 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
A Door of Hope offers free help to women who are verifying and making decisions about their pregnancies. Many of our clients face unplanned pregnancies and difficult decisions. No matter the concern, A Door of Hope provides high standards of care and compassion for every woman who seeks help at our centers. ADOH centers are located in Wilmington, Newark, and Middletown, Delaware. A Door of Hope Pregnancy Center is a faith-based, non-profit organization. Our free services are entirely funded by individuals, businesses, and the Christian community.
- Schuster Jachetti LLP
- Professional, Scientific, and Technical Services
- -
- -
- -
- Shallcross Mortgage Co
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Health Care and Social Assistance | - | - | - | ||
| Schuster Jachetti LLP | Professional, Scientific, and Technical Services | - | - | - | ||
| Shallcross Mortgage Co | Finance and Insurance | - | - | - |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-033.30-050 | Improvements Assessment | $597,000 |
| Land Assessment | $219,300 | Total Assessment | $816,300 |
Property Taxes
Parcel Number
07-033.30-050
Land Assessment
$219,300
Improvements Assessment
$597,000
Total Assessment
$816,300
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