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311 E Camden Wyoming Ave

4,300 SF 100% Leased Retail Building Camden, DE 19934 $625,000 ($145/SF)

Investment Highlights

  • Parking Lot
  • High Traffic

Executive Summary

Own your own little piece of history with this extraordinary 116 year old building located in the quaint downtown of Camden Wyoming which breathes history and charm. Built in 1908 and currently is used as an antique store. This Mixed Use property serves as a commercial property that also allows for a residential option. A small storage shed sits on the spacious parking lot which is very hard to come by in the heart of a small town. It has a delightful front porch that leads to a grand set of solid wood double doors. On entering the foyer, you are greeted by a staircase with a lovely mural leading to the second story. The first floor features high ceilings, a half bath, kitchenette/office space, and a sizable stage with flanking side rooms in the back of the building. The large, open floor plan offers plenty of room to get creative with design and layout. The second story, while currently used to display antiques, has endless potential including, but not limited to a spacious living area, with hard wood floors and tall ceilings throughout. The building also features handicap accessibility, a surveillance system, an HVAC system that is less than four years old, as well as a tankless water heater. A new mini split system was installed upstairs. The kitchenette and bathroom downstairs include LVP flooring, while the remaining floors are hardwood. A full basement exists under the foyer and office, fitted with a pellet stove for additional warmth, while a five block crawl space fills the rest of the underground section. The owner will consider selling the current profitable business operation in which booths are rented to multiple vendors on a month to month lease for an additional cost. Overall, this expansive building is well taken care of and in great condition after having been through major renovations. The possibilities are endless with this nearly 4,300 square foot property!

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,300 SF
Building Class
C
Year Built/Renovated
1908/2022
Price
$625,000
Price Per SF
$145
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Land Acres
0.21 AC
Zoning
CMX - zoning district allows for a combination of commercial and residential uses, promoting vibrant, multi-functional areas
Parking
6 Spaces (1.4 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7-02-09411-03-1200-000
Land Assessment
$114,300
Improvements Assessment
$158,200
Total Assessment
$272,500
  • Listing ID: 33612286

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 311 E Camden Wyoming Ave, Camden, DE 19934

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