1200 Pennsylvania Ave
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1200 Pennsylvania Ave
10,560 SF 69% Leased Office Building Wilmington, DE 19806 $1,700,000 ($161/SF)
Executive Summary
Three level office building for sale at the corner of Pennsylvania Avenue and N Franklin Street in Wilmington, DE. Excellent property for an owner/user. Multi-tenanted so buyer can grow or subtract depending on their needs. Natural lighting throughout the offices. Ample parking in of-street lot. Pylon/building signage fronting Pennsylvania Ave. Building systems and roof recently upgraded/replaced. Located near Trolley Square shopping, restaurants and amenities. Minutes to I-95 on-ramp and Wilmington CBD. Potential mixed-use apartment conversion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,560 SF
Building Class
C
Year Built
1979
Price
$1,700,000
Price Per SF
$161
Percent Leased
69%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,520 SF
Building FAR
0.67
Land Acres
0.36 AC
Zoning
26R5-B
Parking
27 Spaces (2.56 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Natural lighting throughout the offices.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 303 | 3,312 SF | Office | - | 30 Days |
2nd Fl-Ste 303
| Size |
| 3,312 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
2nd Fl-Ste 303
| Size | 3,312 SF |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
Natural lighting throughout the offices.
1 of 1
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 26-020.40-083 | Improvements Assessment | $378,600 |
| Land Assessment | $78,400 | Total Assessment | $457,000 |
PROPERTY TAXES
Parcel Number
26-020.40-083
Land Assessment
$78,400
Improvements Assessment
$378,600
Total Assessment
$457,000
-
Richard Dudek -
NAI Emory Hill
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1200 Pennsylvania Ave
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