Share This Listing

Message

953 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

MazzPac 1512 N Heald St 4,850 SF 30% Leased Flex Building Wilmington, DE 19802 $642,123 CAD ($132.40 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Welcome to the Northeast Corridor of the City of Wilmington! A bustling connection to North Wilmington and the Southern entry points to the City, with an approximate 12,827 cars per day. A thriving mixture of commercial, industrial, manufacturing and residentially developed asset classes. This masonry constructed, corner property is easily accessed via multiple road frontages creating a highly visible site for operators and investors alike. Many opportunities for continued use as is, partition into three separate industrial use spaces, or to reposition into three store fronts that could house retail with a plethora of possible tenancy prospects. Two addresses create one single detached building. 1508 is a warehouse that is currently tenant occupied and has overhead door access. 1512 is currently owner occupied and has been the recipient of a high quality fit out that includes an office, two bathrooms, three basin sinks, a wide open space, and then two points of entry to a rear warehouse with an overhead door for street access. Fenced in rear yard could also be leased out for storage and or other clever uses. Property is located within an Opportunity Zone for investment consideration. Excellent opportunity to purchase this highly visible, commercially zoned, warehouse structure that can have a plethora of uses depending on your needs!

ATTACHMENTS

1508&1512INFO

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $1,675 $0.35
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,675 $0.35
Taxes $3,166 $0.65
Operating Expenses - -
Total Expenses $3,166 $0.65
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $1,675
Annual Per SF $0.35
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $1,675
Annual Per SF $0.35
Taxes (CAD)
Annual $3,166
Annual Per SF $0.65
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $3,166
Annual Per SF $0.65
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $642,123 CAD
Price Per SF $132.40 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 0.20 AC
Rentable Building Area 4,850 SF
No. Stories 1
Year Built 1970
Parking Ratio 0.77/1,000 SF
Clear Ceiling Height 12’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning C

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • 1508
  • Rental and Leasing Services
  • 1,980 SF
  • $2.30 CAD
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
1508 Rental and Leasing Services 1,980 SF $2.30 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 26-036.20-077
  • 26-036.20-078
Land Assessment
$9,166 CAD
Improvements Assessment
$106,886 CAD
Total Assessment
$116,051 CAD
Annual Taxes
$3,166 CAD ($0.65 CAD/SF)
Tax Year
2024
  • Listing ID: 35010107

  • Date on Market: 2025-03-04

  • Last Updated:

  • Address: 1512 N Heald St, Wilmington, DE 19802

Link copied
Your LoopNet account has been created!

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() }} charactercharacters 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") }}