833 N Market St
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833 N Market St
7,627 SF Vacant Office Building Wilmington, DE 19801 $1,100,000 ($144/SF)
Executive Summary
1st floor restaurant in shell condition. Fume hood installed.
2nd floor 2 luxury apartments 2 beds/2 baths
3rd floor 2 luxury apartments 2beds 2 baths
all 4 apartment rented
2nd floor 2 luxury apartments 2 beds/2 baths
3rd floor 2 luxury apartments 2beds 2 baths
all 4 apartment rented
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$155,000
|
$20.32
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$155,000
|
$20.32
|
| Taxes |
$15,000
|
$1.97
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,000
|
$1.97
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $155,000 |
| Annual Per SF | $20.32 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $155,000 |
| Annual Per SF | $20.32 |
| Taxes | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $1.97 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $1.97 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,627 SF
Building Class
B
Year Built
1928
Price
$1,100,000
Price Per SF
$144
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,542 SF
Slab To Slab
9’
Building FAR
2.77
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
26C-3 - CENTRAL RETAIL - Central Retail
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 3,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,000 SF | Office | - | Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 1
Walk Score ®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 26-035.20-085 | Total Assessment | $352,800 (2023) |
| Land Assessment | $87,100 (2023) | Annual Taxes | $15,000 ($1.97/SF) |
| Improvements Assessment | $265,700 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
26-035.20-085
Land Assessment
$87,100 (2023)
Improvements Assessment
$265,700 (2023)
Total Assessment
$352,800 (2023)
Annual Taxes
$15,000 ($1.97/SF)
Tax Year
2024
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Presented by
Solari Commercial Properties LLC
833 N Market St
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