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825-827 N Washington St
Wilmington, DE 19801
Office Property For Sale
INVESTMENT HIGHLIGHTS
- City District
- Office or group home
- Offices used by Psychiatrists
EXECUTIVE SUMMARY
This listing consists of 825, and 827. 825 and 827 are one building with three levels of office. This is a psychiatry office with approximately 7 offices on each of 3 levels and waiting/reception area. No rents in place.
An exceptional opportunity awaits at 825-827 N Washington Street in the heart of Wilmington, DE. This building features approximately seven offices per floor and a central bathroom. This building is in good condition and ready for their next chapter, whether continuing as professional office space or undergoing a residential transformation. 825-827 N Washington Street also presents strong redevelopment potential and also has 6 parking spaces. Zoned 26C-4, both parcels offer the flexibility for various uses, though buyers should verify their intended plans with the city. This is a rare chance to own versatile, well-positioned real estate in one of Wilmington’s most promising areas. Don’t miss out on this prime investment opportunity! No rents in place.
An exceptional opportunity awaits at 825-827 N Washington Street in the heart of Wilmington, DE. This building features approximately seven offices per floor and a central bathroom. This building is in good condition and ready for their next chapter, whether continuing as professional office space or undergoing a residential transformation. 825-827 N Washington Street also presents strong redevelopment potential and also has 6 parking spaces. Zoned 26C-4, both parcels offer the flexibility for various uses, though buyers should verify their intended plans with the city. This is a rare chance to own versatile, well-positioned real estate in one of Wilmington’s most promising areas. Don’t miss out on this prime investment opportunity! No rents in place.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
9,126 SF
Building Class
C
Year Built
1900
Price
$575,000
Price Per SF
$63.01
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,042 SF
Building FAR
1.50
Lot Size
0.14 AC
Zoning
26C-4 - Commercial
Parking
6 Spaces (0.66 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 26-035.10-258 | Improvements Assessment | $191,800 |
| Land Assessment | $61,000 | Total Assessment | $252,800 |
PROPERTY TAXES
Parcel Number
26-035.10-258
Land Assessment
$61,000
Improvements Assessment
$191,800
Total Assessment
$252,800
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