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.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2599 Wilmington Rd
New Castle, PA 16105

Office Property For Sale

Investment Highlights

  • The building is currently tenant occupied producing a steady income stream.
  • 36 private offices, conference rooms, break rooms, reception area.
  • 2 story brick commercial building, 16522 sf.

Executive Summary

This 16,000-square-foot, two-story commercial building offers a versatile and functional layout, designed to accommodate a variety of business needs. The building includes 36 private offices, perfect for individual workspaces or team-based environments. These offices are distributed across both floors, maximizing the building's use of space. A spacious, welcoming reception area greets visitors as they enter. 3 Conference Rooms provide quiet and private meeting spaces for client presentations and team discussions. Break Rooms offer employees a comfortable area for lunch or informal meetings. The building includes a designated mechanical room. The upper and lower floor provides a professional layout for workflow efficiency. This building blends functionality with flexibility, providing a high-quality environment for businesses while generating income for the owner. The building is currently tenant-occupied, producing a steady income stream.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
16,522 SF
Building Class
B
Year Built
1990
Price
£1,108,911
Price Per SF
£67
Net Initial Yield
11.65%
NOI
£129,188
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,261 SF
Building FAR
0.16
Lot Size
2.34 AC
Zoning
R/3 - R/3 zoning is often designed for multi-family residential use, allowing for higher-density residential development compared to single-family zoning.
Parking
60 Spaces (3.63 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 25-392301
  • 25-392302
  • 25-392300
Land Assessment
£215,446
Improvements Assessment
£553,822
Total Assessment
£769,267
  • Listing ID: 33935794

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 2599 Wilmington Rd, New Castle, PA 16105

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') }}