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703 Buttonwood St
Wilmington, DE 19801
Outdoor Storage/ Parking Facility · Land For Sale
·
1.35 AC
Investment Highlights
- STRATEGIC LOCATION.
- 4.7 Miles from Wilmington Airport, New Castle, DE
- 5 Miles from Southern New Jersey
- In close proximity to high-density population centers, ocean ports and interstates!
- 2.6 Miles from Port of Wilmington
- 35 Miles from Philadelphia, Pennsylvania
Property Facts Under Contract
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.35 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | M-1 - (Light Manufacturing | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 1.35 AC |
| Opportunity Zone |
Yes |
| Zoning | M-1 - (Light Manufacturing |
1 Lot Available
Lot
| Lot Size | 1.35 AC |
| Lot Size | 1.35 AC |
701 Garasches Lane - +/- 100,000 SF on 5.88 Acres 703 Buttonwood Street - 1.35 Acre Lot
Description
701 Garasches Lane and 703 Buttonwood Street are well positioned industrial sites located at the edge of the City of Wilmington. 701 Garasches Lane is a +100,000 SF free-standing industrial facility, situated on a +5.88 acres. 703 Buttonwood Street is a 1.35 acre industrial site of outside storage and additional trailer parking. The property offers easy access to I-495, I-95 and I-295. The site is in the path of redevelopment as infrastructure grants have been allocated for funding the necessary east side (east of the Christina River) infrastructure improvements. Significant redevelopment has already begun. New improvements to the east side already exist – the 76ers building, retail, townhomes, condominiums, new modern apartments along with a new hotel, which is currently under construction. Today there are many more projects in the planning stage in the immediate area including a new indoor track facility for Delaware high schools, and additional office and multi-family buildings planned along the Riverfront. 701 Garasches Lane has heavy power, adequate ceiling heights, a layout that provides flexibility, and sits squarely in the path of redevelopment. All these features provide potential future upside for a new owner.
Property Taxes
| Parcel Number | 26-057.00-032 | Improvements Assessment | $422 CAD |
| Land Assessment | $417,879 CAD | Total Assessment | $418,301 CAD |
Property Taxes
