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735 Philadelphia Pike

2,000 SF 100% Leased Retail Building Wilmington, DE 19809 £625,178 (£313/SF)

Executive Summary

**Prime Commercial Property with Versatile Potential on 735 Philadelphia Pike, Wilmington, DE**
Welcome to an exceptional commercial opportunity located at 735 Philadelphia Pike in the vibrant city of Wilmington, Delaware. This property is perfectly poised for a variety of business ventures, offering a prime location, ample parking, and versatile usage options.
**Location, Location, Location!**
Situated on the bustling Philadelphia Pike, this property enjoys high visibility and easy access, making it an ideal spot for businesses looking to attract steady traffic and clientele. The surrounding area is a blend of commercial and residential properties, creating a dynamic community atmosphere.
**Ample Parking and Accessibility**
One of the standout features of this property is its expansive parking lot, capable of accommodating approximately 60 vehicles. This convenience is a significant advantage for businesses that rely on customer visits, ensuring ample space for clients and employees alike.
**Versatile Usage Options**
The property includes a garage that offers excellent potential for an auto shop or similar business. Alternatively, the existing structures can be torn down and repurposed to suit your specific needs. The blank canvas allows for endless possibilities, whether you envision a retail space, office building, or a combination of both.
**Mixed-Use Potential**
Adding to its appeal, the county has given preliminary approval for mixed-use development, integrating both business and residential spaces. This flexibility opens the door to innovative concepts that can cater to the growing demand for live-work environments, enhancing the property's value and utility.
Don't miss out on this unique opportunity to establish or expand your business in a prime Wilmington location. Whether you're looking to start an auto shop, create a new retail experience, or develop a mixed-use property, 735 Philadelphia Pike offers the space and potential to bring your vision to life.
Contact me today to schedule a viewing and explore the endless possibilities this property has to offer!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
2,000 SF
Building Class
C
Year Built
1963
Price
£625,178
Price Per SF
£313
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.11
Lot Size
0.41 AC
Zoning
CN - Mixed use for a business with residential above was preliminarily approved for previous owner.
Parking
40 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
43 ft on Dupont Ave

Amenities

  • Bus Route
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-132.00-165
Land Assessment
£69,873
Improvements Assessment
£43,582
Total Assessment
£113,455
  • Listing ID: 33153121

  • Date on Market: 12/09/2024

  • Last Updated:

  • Address: 735 Philadelphia Pike, Wilmington, DE 19809

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