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1400 N Market St
Wilmington, DE 19801

Office Property For Sale

Office Space Delaware Wilmington 1400 N Market St, Wilmington, DE 19801

Investment Highlights

  • Built in 1920 with most recent renovations in 2020
  • Prime location in Wilmington, near Chancery Market/1313 N Market at nearby scenic park and river areas
  • Parking in lot behind property ($100/month) or meter parking in front of building
  • Elevator served and fully sprinklered
  • Historic architectural appeal
  • 4-camera security system in place

Executive Summary

Welcome to a landmark opportunity in the heart of Wilmington, DE. This historic property, built in 1920, encompasses 4,851 SF across 3 stories, offering a versatile space for offices or businesses. Zoned 26C-4 Central Office, the location provides a strategic advantage for a wide range of professional ventures. Could be a great opportunity for an owner/use or could be redeveloped into apartments. With its timeless architectural appeal and prime positioning in the bustling urban center, this property presents an exceptional investment opportunity.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,851 SF
Building Class
C
Year Built/Renovated
1920/2020
Price
$525,000
Price Per SF
$108
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,617 SF
Building FAR
2.78
Lot Size
0.04 AC
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.
Zoning
26C-4

Amenities

  • Signage

Links

PROPERTY TAXES

Parcel Number 26-028.20-220 Improvements Assessment $182,400
Land Assessment $26,100 Total Assessment $208,500

PROPERTY TAXES

Parcel Number
26-028.20-220
Land Assessment
$26,100
Improvements Assessment
$182,400
Total Assessment
$208,500
 

  • Listing ID: 33151884

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 1400 N Market St, Wilmington, DE 19801

More public record information on 1400 N Market St, Wilmington, DE 19801

The Office Property at 1400 N Market St, Wilmington, DE 19801 is currently available for sale. Contact NAI Emory Hill for more information.

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