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833 N Market St

7,627 SF Vacant Office Building Wilmington, DE 19801 $1,100,000 ($144/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

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

Office/Residential

Building Size

7,627 SF

Building Class

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

Land Acres

0.06 AC

Opportunity Zone

Yes

Zoning

26C-3 - CENTRAL RETAIL - Central Retail

Amenities

Bus Line

Signage

Space Availability

1st Floor
3,000 SF
Office
-
Now

Space	Size	Space Use	Condition	Available
1st Floor	3,000 SF	Office	-	Now

Size

3,000 SF

Space Use

Office

Condition

Available

Now

1 of 1

Walk Score ®

Walker's Paradise (94)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

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