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2800 Governor Printz Boulevard #3,  Wilmington DE, 19802

(Active)
$1,700,000
|
19,550 sqft
|
MLS# DENC2057500
Last Updated: 5/9/2024 9:30 AM
Description for 2800 Governor Printz Boulevard #3 Wilmington, DE 19802
Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the building's usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.
Price
$1,700,000
WILM #07
NEW CASTLE
19,550 (approx)
DENC2057500
Active
Description
Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the building's usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
1.01 Acres 19,550 (approx) 1947
1 Brick
WILM #07
Public
Public Sewer
Cable Available, Natural Gas Available
3 Total
Neighborhood
Room Information
Interior Features
Concrete
Exterior / Lot Features
52 Parking Spaces,
Brick
Shingle
154.90 x 179.70
Driving Directions
2800 Governor Printz Blvd. , Wilmington De 19802
Financial Considerations
26-030.00-007
$5,804
Listing Price History

Wilmington Real Estate

Wilmington is located in Delaware. Wilmington, Delaware 19802 has a population of 72,623.

The median household income in Wilmington, Delaware 19802 is $48,802. 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 Wilmington 19802 is 39 years.

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Courtesy: BHHS Fox & Roach - Hockessin
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 5/9/2024 9:30 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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