700 N King St | Wilmington, DE 19801
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700 N King St
Wilmington, DE 19801
DoubleTree by Hilton Hotel Downtown · Hospitality Property For Sale · 183,349 SF
Investment Highlights
- Renovated in 2016 this is an opportunity to acquire a premium-branded, full-service hotel at a significant discount to replacement cost.
- Offered unencumbered by management, the Hotel presents substantial potential for a new owner to improve their operational efficiency and market share.
- The only branded hotel within a 10-minute walk to the Amtrak train station.
- The DoubleTree offers nearly 25,000 square feet of top-tier event space, a significant advantage and differentiator among its competitive set.
- Downtown Wilmington is adjacent to the Leonard L. Williams Justice Center (the primary demand driver for Wilmington’s CBD).
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 183,349 SF |
| Property Type | Hospitality | No. Stories | 9 |
| Property Subtype | Hotel | Year Built/Renovated | 1979/2016 |
| Building Class | B | Parking Ratio | 0.1/1,000 SF |
| Lot Size | 2.63 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.63 AC |
| Building Size | 183,349 SF |
| No. Stories | 9 |
| Year Built/Renovated | 1979/2016 |
| Parking Ratio | 0.1/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $17,000 | Total Assessment | $17,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$17,000
Improvements Assessment
$0
Total Assessment
$17,000
zoning
| Zoning Code | 26C-4 (Commercial) |
| 26C-4 (Commercial) |
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