833 N Market St

7,627 SF Vacant Office Building Wilmington, DE 19801 $1,200,000 ($157/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

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 - -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,627 SF
Building Class
B
Year Built
1928
Price
$1,200,000
Price Per SF
$157
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,542 SF
Slab To Slab
9’
Building FAR
2.92
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
Walk Score®
Walker's Paradise (94)

PROPERTY TAXES

  • Listing ID: 33086577

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 833 N Market St, Wilmington, DE 19801