$1,700,000

2800 Governor Printz Blvd #3, Wilmington, DE, 19802

43,996

Square feet

1.01

Acres

Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the building’s usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.

Facts & Features

MLS® # DENC2057500
Price $1,700,000
Bathrooms 0.00
Square Footage 43,996
Acres 1.01
Year Built 1947
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 2800 Governor Printz Blvd #3
Area Wilmington (30906)
Subdivision WILM #07
City Wilmington
County NEW CASTLE-DE
State DE
Zip Code 19802
Senior Community No

Amenities

Utilities Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Is Waterfront No

Interior

Heating None
Cooling None
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Brick and Siding
Roof Shingle
Foundation Concrete Perimeter

School Information

District COLONIAL

Additional Information

Date Listed March 8th, 2024
Days on Market 55
Zoning 26C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBHHS Fox & Roach - Hockessin
Contact Info(302) 999-9999

Listing Map

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