1111 WILMINGTON RD NEW CASTLE, DE 19720

$220,000

1 of 15

Bedrooms

Total Baths

Full Baths

1,250

Square Feet

0.10

Acres

1948

Year Built

152 days

On Website

Active

Status

Excellent opportunity to acquire this all brick, single detached building in New Castle proper. Located on heavily traveled artery into and out of the City of Wilmington, Olde New Castle/New Caslte areas and between major highways 113 and 295. Improvements are sited high up on a corner lot with plenty of presence and visibility. Shared driveway out back for off street as well as side and front on street parking for patrons. Building is in solid mechanical condition and features cosmetic modernization. Currently utilized as a salon with main floor waiting area, multiple private chair rooms with hair drying and washing stations. Main level is serviced with half bathroom. Lower level is finished and can be accessed both inside via a spiral stair case and outside private entrance as well. Lower level features three rooms with chairs and two half bathrooms. Current tenant is interested in staying on for new owner making this essentially a turn-key investment. Excellent candidate for a 1031 Exchange to start fresh with depreciation coupled with a healthy positive cash flow. Perfect to add to an existing portfolio or to anchor the beginning of one!

Listed By Alliance Realty

Details


Interior
Flooring
Ceramic Tile, Laminated
Living Area
1,250 SqFt.

Building And Construction
Property Sub Type
Commercial
Property Type
Commercial
Year Built
1948

Exterior And Lot
Lot Size Acres
0.1
Lot Size Square Feet
4356
Lot Size Units
Square Feet
Zoning
21R-1

Utilities
Cooling
Central A/C
Cooling Fuel
Electric
Heating
Forced Air
Heating Fuel
Natural Gas
Hot Water
Natural Gas

Area And Schools
City
New Castle
County Or Parish
New Castle
High School District
Colonial

Financial Info
Buyer Agency Compensation
2%
County Tax
157.00
Short Sale
No
Tax Annual Amount
$744.00
Tax Year
2020

Additional Info
Acceptable Financing
Cash,conventional
Location Type
Corner Lot/Unit
Price Per SQFT
176.00
School Tax
0.00
Status Detail
Active

Listing By Alliance Realty

MLS# DENC512770

Data Last Updated 12:59am - 05/16/2021

BRIGHT MLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Edge participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright© 2021 Bright MLS. All rights reserved.

19720 Statistics and Information

Transportation

Walking

Very Walkable

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