This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Office Property is no longer advertised on LoopNet.co.uk.

1220 N Market St
Wilmington, DE 19801

Auction:12/11 - 12/13: Market Main Street Off · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
98,970 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1985/2007
Tenancy
Multiple
Number of Floors
10
Typical Floor Size
9,852 SF
Slab to Slab
10 ft
Building FAR
9.09
Lot Size
0.25 AC
Zoning
C-4, Wilmington City

Amenities

  • Convenience Store
  • Property Manager on Site
  • Restaurant
  • Security System
  • Air Conditioning

About 1220 N Market St , Wilmington, DE 19801

Property Tour and Contact Detail Information: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: 10-story, 98,970 SF building Adjacent to Hercules Plaza, 1201 Market (Dark Fiber Carrier) and Bank of America Two blocks from Rodney Square and The Hotel DuPont Efficient floor layout with large, unobstructed 360 degree window views Renovated 2003-2007 Significant value add opportunity Investment Overview: Market Main Street Office (the ???Property???) is a 98,970 SF ten (10) story building opportunity at 1220 N. Market Street, Wilmington, DE. The subject is a 98,970 SF mid-rise tower in Wilmington's CBD. The 10-story building has traditionally been a multi-tenant office property, but stands ready for its next phase. Built in 1985 it underwent various renovations in the mid-2000s. The property features an efficient floor layout with large, unobstructed 360-degree window views and an Energy Management System for HVAC controls as well as On-site security. The asset is adjacent to the Hercules Plaza, 1201 Market and Bank of America. Two blocks from Rodney Square and The Hotel DuPont. Across the st Across the street from a Dark Fiber Carrier Hotel. Public and Private parking facilities are located within line of site of the subject offering. This is an opportunity to buy a structure with unlimited possibilities at a cost well below replacement. Wilmington is strategically located approximately mid-point between New York and Washington. Philadelphia's International Airport, the Greater Wilmington Airport, and Amtrak's main east coast line provide national and international accessibility. Three major interstate highways, excellent state highways and scenic U.S. routes link Wilmington to the entire east coast. One third of the nation's population and income is within a 350 mile radius of the City. Wilmington is home to more than 72,000 people of diverse backgrounds. Efficient mass transportation, ample parking and a dynamic environment for more than 40,000 workers who live, work and play downtown, are evidence of the City's rebirth. A number of public/private partnerships have contributed to an outstanding growth record. Wilmington???s resurgence is well underway and a new extremely business friendly administration has taken over the helm of the city to be a further catalyst t

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-028.40-167
Land Assessment
£514,128
Improvements Assessment
£4,492,756
Total Assessment
£5,006,884
  • Listing ID: 10014561

  • Date on Market: 17/11/2017

  • Last Updated:

  • Address: 1220 N Market St, Wilmington, DE 19801

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}