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Park Place Center, LLC. 101 W Park Pl 3,700 SF 100% Leased Office Building Middletown, DE 19709 $1,213,389 CAD ($327.94 CAD/SF)



Executive Summary
ositioned in the heart of one of Delaware’s fastest-growing communities, this purpose-built, two-story office building offers a rare opportunity for both investors and owner-users. Constructed in 2017, the ±3,703 SF facility sits on a generous 1.15-acre lot, providing ample room for future expansion.
The property is thoughtfully designed for professional office use, featuring 10 private offices, a large multi-purpose room, two welcoming waiting areas, and a full breakroom with seating. Additional amenities include one full bathroom, two half baths, and a full unfinished basement ideal for storage or future build-out. The building is equipped with two HVAC systems and dual zoning for efficient climate control, along with convenient off-street parking.
Currently configured as a multi-tenant professional building, the property benefits from an established tenant base that includes nine psychologists, offering immediate income potential and a stable occupancy profile.
The property is thoughtfully designed for professional office use, featuring 10 private offices, a large multi-purpose room, two welcoming waiting areas, and a full breakroom with seating. Additional amenities include one full bathroom, two half baths, and a full unfinished basement ideal for storage or future build-out. The building is equipped with two HVAC systems and dual zoning for efficient climate control, along with convenient off-street parking.
Currently configured as a multi-tenant professional building, the property benefits from an established tenant base that includes nine psychologists, offering immediate income potential and a stable occupancy profile.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,700 SF
Building Class
A
Year Built
2017
Price
$1,213,389 CAD
Price Per SF
$327.94 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,850 SF
Building FAR
0.07
Lot Size
1.15 AC
Zoning
R1A - approved office use
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 23-008.00-065 | Improvements Assessment | $781,704 CAD |
| Land Assessment | $204,166 CAD | Total Assessment | $985,870 CAD |
Property Taxes
Parcel Number
23-008.00-065
Land Assessment
$204,166 CAD
Improvements Assessment
$781,704 CAD
Total Assessment
$985,870 CAD
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Park Place Center, LLC. | 101 W Park Pl
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