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905 N Orange St
Wilmington, DE 19801

Jazz Bar with Mixed-Use Building for Sale · Retail Property For Sale

Retail Space Delaware Wilmington 905 N Orange St, Wilmington, DE 19801

Investment Highlights

  • Ground Floor: Currently being used as a Jazz Bar with Tap Room Liquor License
  • Third Floor: A Blank Canvas Unfinished Apartment
  • Second Floor: Leased Apartment

Executive Summary

This prime mixed-use building offers an exceptional investment opportunity. The ground floor includes a jazz bar, which could potentially be sold separately from the building; however, the sale of the building must include the jazz bar business. On the second floor, you'll find a leased apartment, ensuring consistent rental income for the new owner. The third floor presents an unfinished apartment, providing a blank canvas for customization. This space can be tailored to meet market demands, enhancing the building's value and income potential.
Building Sale Price: $495,000
Jazz Bar Business with Tap Room Liquor License Sale Price: $295,000
Total Sale Price: $790,000
For Information: Please call Sean McNeice at 302.753.4175

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,670 SF
Building Class
C
Year Built
1903
Price
$790,000
Price Per SF
$118
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.83
Land Acres
0.04 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
26C-4
Frontage
27 FT on North Orange St

Amenities

  • Bus Line

Links

PROPERTY TAXES

Parcel Number 26-035.20-020 Improvements Assessment $98,900
Land Assessment $83,600 Total Assessment $182,500

PROPERTY TAXES

Parcel Number
26-035.20-020
Land Assessment
$83,600
Improvements Assessment
$98,900
Total Assessment
$182,500
 

  • Listing ID: 33869871

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 905 N Orange St, Wilmington, DE 19801

More public record information on 905 N Orange St, Wilmington, DE 19801

The Retail Property at 905 N Orange St, Wilmington, DE 19801 is currently available For Sale. Contact LMT Commercial Realty, LLC for more information.

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