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913 N Market St
Wilmington, DE 19801

Auction:5/8 - 5/10: 913 N Market St (Office) · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
71,852 SF
Building Class
B
Year Built
1983
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
5,988 SF
Slab To Slab
10’
Building FAR
9.70
Lot Size
0.17 AC
Zoning
C-4, Wilmington City

Amenities

  • Bus Line
  • Property Manager on Site
  • Signage

About 913 N Market St , Wilmington, DE 19801

Property tours are available by appointment. Please contact the listing broker to schedule a tour. Investment Highlights: * In the heart of Wilmington's CBD a short walk away from Rodney Square and the court house * Highly efficient 6,181 SF open floor plates * Lobby is covered in high-end finishes with a full time security desk and elevator access * Easy access to DART public transportation * Zoning: 26C-4 Central Office (Permitted Uses: Office, Hospitality, Retail & Residential) * 2015 Taxes: $146,529 Investment Overview: 913 North Market Street ("the Property"), is a 71,852 net rentable square foot, 12-story, Class B Office Property located in Wilmington, DE. Built in 1983, the property is located in the Central Business District (CBD), in Wilmington and provides a value-add opportunity through conventional office leasing and/or creative office space leasing by attracting creative, technology, advertising, media and law firms as a tenant base. 913 North Market Street's configuration allows for flexible floor plans to accommodate a wide variety of tenant uses. This is an ideal location to tap into the increasingly vibrant downtown live, work and play environment which has been attracting entrepreneurs, freelancers, start-ups and small businesses seeking modern designs, layouts, amenities, shared workspaces and services. Alternatively, the property ideally lays out and is an excellent candidate and for a residential or hotel conversion. The State of Delaware has been providing upfront capital and on-going tax incentives for new developments and renovation projects within the City of Wilmington. The Property, situated on Market Street is the heart of Wilmington, is cattycorner to Rodney Square, and is block from the Hotel DuPont and the Bank of America headquarters. Given its central location, 913 North Market Street is within walking distance to the Carvel State Office Building, City/County Building and the Federal, Bankruptcy, Family and New Castle County Courthouses. This is an opportunity to invest in a property at significantly below replacement costs in an ideal live, work and play location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-035.20-062
Land Assessment
$740,500
Improvements Assessment
$2,640,200
Total Assessment
$3,380,700
  • Listing ID: 6511198

  • Date on Market: 3/29/2017

  • Last Updated:

  • Address: 913 N Market St, Wilmington, DE 19801

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