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2150 New Castle Avenue,  New Castle DE, 19720

(Active)
$4,500,000
|
23,770 sqft
|
MLS# DENC2056988
Last Updated: 5/8/2024 11:57 AM
Description for 2150 New Castle Avenue New Castle, DE 19720
Introducing an incredible investment opportunity at NEW CASTLE FITNESS CENTER, located at 2150 NEW CASTLE AVE, NEW CASTLE, DE 19720. This property offers a 1.58-acre lot with a 25,770 sqft facility featuring pools, a hot tub, sauna, steam room, fitness areas, and more. With a proposed NOI of $435,100, this turn-key business presents a lucrative option for investors or developers. Situated strategically near major national chains like Starbucks and Courtyard by Marriott, the property boasts exceptional transportation access and high visibility on one of Delaware's busiest roads. Recent renovations have enhanced the premises, allowing for the potential separation of the fitness and swim businesses. Additionally, the property benefits from proximity to key transport hubs like I-95, ILG Airport, NJ Turnpike, and rail connections, making it a prime location for business growth. Don't miss the chance to own this income-producing asset with substantial upside potential in a highly desirable location.
Price
$4,500,000
NEW CASTLE
23,770 (approx)
DENC2056988
Active
Description
Introducing an incredible investment opportunity at NEW CASTLE FITNESS CENTER, located at 2150 NEW CASTLE AVE, NEW CASTLE, DE 19720. This property offers a 1.58-acre lot with a 25,770 sqft facility featuring pools, a hot tub, sauna, steam room, fitness areas, and more. With a proposed NOI of $435,100, this turn-key business presents a lucrative option for investors or developers. Situated strategically near major national chains like Starbucks and Courtyard by Marriott, the property boasts exceptional transportation access and high visibility on one of Delaware's busiest roads. Recent renovations have enhanced the premises, allowing for the potential separation of the fitness and swim businesses. Additionally, the property benefits from proximity to key transport hubs like I-95, ILG Airport, NJ Turnpike, and rail connections, making it a prime location for business growth. Don't miss the chance to own this income-producing asset with substantial upside potential in a highly desirable location.
Listing Information
Property Type: Business Opportunities, Other
1.58 Acres 23,770 (approx) 1987
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Central
Exterior / Lot Features
67 Parking Spaces,
0.00 x 0.00
Driving Directions
On New Castle Ave
Financial Considerations
10-015.00-002
$17,709
Listing Price History

New Castle Real Estate

New Castle is located in Delaware. New Castle, Delaware 19720 has a population of 4,964.

The median household income in New Castle, Delaware 19720 is $64,670. The median household income for the surrounding county is $76,362 compared to the national median of $66,222. The median age of people living in New Castle 19720 is 39 years.

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Courtesy: The Moving Experience Delaware Inc
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/8/2024 11:57 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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