833 N Market St
7,627 SF Vacant Office Building Wilmington, DE 19801 $1,200,000 ($157/SF)
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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
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$20.32
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$155,000
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$20.32
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Taxes |
$15,000
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$1.97
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Operating Expenses |
-
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-
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Total Expenses |
$15,000
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$1.97
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Net Operating Income |
-
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-
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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
$1,200,000
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 |
1 of 1
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
Parcel Number | 26-035.20-085 | Total Assessment | $352,800 |
Land Assessment | $87,100 | Annual Taxes | $15,000 ($1.97/SF) |
Improvements Assessment | $265,700 | Tax Year | 2024 |