Log In/Sign Up
Your email has been sent.
2400 W 4th St 8,650 SF Office Building Wilmington, DE 19805 $1,321,051 CAD ($152.72 CAD/SF) 10% Cap Rate



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
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 26-026.10-042 | Improvements Assessment | $433,034 CAD |
| Land Assessment | $41,228 CAD | Total Assessment | $474,262 CAD |
Property Taxes
Parcel Number
26-026.10-042
Land Assessment
$41,228 CAD
Improvements Assessment
$433,034 CAD
Total Assessment
$474,262 CAD
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2400 W 4th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

