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704 Market St
Wilmington, DE 19801
Student Housing, Apartment & Hotel Conversion · Multifamily Property For Sale
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49 Units
Investment Highlights
- Conversion Potential: Market or Affordable Housing or Motel
- 5,000 +/- of retail located on Market Street, the premier downtown retail district
- Over $1.4 million invested in 2022 in a new HVAC system
- 37,706 +/- renovated student dormitory
- C-3 Central Retail zoning (City of Wilmington)
Property Facts
| No. Units | 49 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 42,706 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2024 |
| Building Class | C | ||
| Zoning | 26C-3 | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 42,706 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2024 |
| Zoning | 26C-3 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,521,800 | |
| Land Assessment | $516,000 | Total Assessment | $6,037,800 |
Property Taxes
Parcel Numbers
Land Assessment
$516,000
Improvements Assessment
$5,521,800
Total Assessment
$6,037,800
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