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Executive Summary

Centrally located multi-tenant office building offering a highly versatile layout and the rare benefit of a private parking lot. With approximately 8,000 square feet of finished office space, plus additional workspace and storage areas, this well-maintained property presents an outstanding opportunity for both an owner-occupant and/or investor. The building’s dual entrance configuration, with both front and rear access, allows for flexible occupancy options and is ideally suited for two separate businesses or a single user seeking expansion potential. The rear entrances provide direct access from the private parking lot to updated office space, storage areas, and elevator service to the second floor. The front entrance welcomes visitors into a professional lobby and reception area, leading to two levels of private offices, a large conference room, and a kitchen/break area. The efficient floor plan supports a variety of professional, medical, or service-oriented uses. A structurally sound asset with strong fundamentals, this property offers exceptional flexibility and long-term upside for a savvy entrepreneur or investor seeking a well-located commercial building with multiple use possibilities.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,650 SF
Building Class
B
Year Built
1957
Price
$1,321,051 CAD
Price Per SF
$152.72 CAD
Cap Rate
10%
NOI
$132,105 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,883 SF
Building FAR
0.58
Lot Size
0.34 AC
Zoning
26C-2
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
26-026.10-042
Land Assessment
$41,228 CAD
Improvements Assessment
$433,034 CAD
Total Assessment
$474,262 CAD
  • Listing ID: 39968939

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 2400 W 4th St, Wilmington, DE 19805

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