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Mixed-Use Investment Property for Sale 204 N Maryland Ave

5,237 SF 100% Leased Flex Building Wilmington, DE 19804 $1,088,627 CAD ($208 CAD/SF) 9.91% Cap Rate

Industrial Properties Delaware Wilmington 204 N Maryland Ave, Wilmington, DE 19804

Investment Highlights

  • 7 Total Units: 4 Retail and 3 Apartments
  • North Maryland Avenue AADT: 17,909 +/- VPD
  • Fully Leased

Executive Summary

Exceptional multi-use investment property for sale on busy North Maryland Avenue. Featuring four retail units on the ground floor and three residential apartments, this property offers a rare blend of commercial and residential income streams.

Attachments

204 N. Maryland Avenue Brochure

Property Facts

Price $1,088,627 CAD Lot Size 0.19 AC
Price Per SF $208 CAD Rentable Building Area 5,237 SF
Sale Type Investment or Owner User No. Stories 2
Cap Rate 9.91% Year Built 1930
Property Type Flex Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Price $1,088,627 CAD
Price Per SF $208 CAD
Sale Type Investment or Owner User
Cap Rate 9.91%
Property Type Flex
Building Class C
Lot Size 0.19 AC
Rentable Building Area 5,237 SF
No. Stories 2
Year Built 1930
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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Walk Score ®
Very Walkable (71)
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measures access to public transit. Bike Score®
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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 07-043.10-536 Improvements Assessment $90,093 CAD
Land Assessment $54,450 CAD Total Assessment $144,543 CAD

PROPERTY TAXES

Parcel Number
07-043.10-536
Land Assessment
$54,450 CAD
Improvements Assessment
$90,093 CAD
Total Assessment
$144,543 CAD

zoning

Zoning Code CN (CN (Commercial Neighborhood))
CN (CN (Commercial Neighborhood))
(302) 414-1000

  • Listing ID: 33168765

  • Date on Market: 2024-09-13

  • Last Updated:

  • Address: 204 N Maryland Ave, Wilmington, DE 19804

The Flex Property at 204 N Maryland Ave, Wilmington, DE 19804 is currently available For Sale. Contact LMT Commercial Realty, LLC for more information.

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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204 N Maryland Ave, Wilmington, DE for sale Primary Photo- Image 1 of 10
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Mixed-Use Investment Property for Sale | 204 N Maryland Ave
(302) 414-1000 x

Mixed-Use Investment Property for Sale | 204 N Maryland Ave

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Joseph Latina

(302) 414-1000

(302) 414-1000

Chris Moore

(302) 383-1911

(302) 383-1911

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