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1200 Pennsylvania Ave 10,560 SF 69% Leased Office Building Wilmington, DE 19806 $2,350,250 CAD ($222.56 CAD/SF)
EXECUTIVE SUMMARY
Three level office building for sale at the corner of Pennsylvania Avenue and N Franklin Street in Wilmington, DE. Excellent property for an owner/user. Multi-tenanted so buyer can grow or subtract depending on their needs. Natural lighting throughout the offices. Ample parking in of-street lot. Pylon/building signage fronting Pennsylvania Ave. Building systems and roof recently upgraded/replaced. Located near Trolley Square shopping, restaurants and amenities. Minutes to I-95 on-ramp and Wilmington CBD. Potential mixed-use apartment conversion.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,560 SF
Building Class
C
Year Built
1979
Price
$2,350,250 CAD
Price Per SF
$222.56 CAD
Percent Leased
69%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,520 SF
Building FAR
0.67
Lot Size
0.36 AC
Zoning
26R5-B
Parking
27 Spaces (2.56 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 26-020.40-083 | Improvements Assessment | $533,864 CAD |
| Land Assessment | $110,552 CAD | Total Assessment | $644,416 CAD |
PROPERTY TAXES
Parcel Number
26-020.40-083
Land Assessment
$110,552 CAD
Improvements Assessment
$533,864 CAD
Total Assessment
$644,416 CAD
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1200 Pennsylvania Ave
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