ChadMorton
BEDS0
BATHS
MLS#DENC2107156
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCHRISTINA
Property Description
Presenting to you the Historic Farmers Mutual Building in Downtown Wilmington, DE, this mixed-use piece of real estate, with 26C-3 zoning, is equipped with approvals for a 57-seat restaurant and a lower-level speakeasy. Share the neighborhood with household names such as La Fia, Bardea, Le Cavalier and more. Upstairs: 4 fully occupied two-bedroom apartments. Renovated in 2020, these industrial-chic floorplans display 15 ft ceilings, exposed brick, plus open duct, beam and woodwork for a lofted, urban appeal. Situated on a main commerce street among Christiana Care, Widener Law and the city’s corporate hub. Generating upwards of $91,000 in annual residential revenue, the pro forma projects a prospective double-digit capitalization rate with an establishment in place. Done with love, reach out for details on the brand-new plumbing, HVAC and electrical fit-out with separated systems. For those who have lost hope in real returns, for business operators, and for investors looking to complete an exchange, this is an optimal addition to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Poured Concrete, Outside Entrance, Walkout Stairs, Interior Access
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Lot Size: 0.05 Acres
Roof Type: Rubber
Taxes: $12,804
Year Built: 1928
Feature Descriptions
Accessibility: Elevator
Additional Structures: Above Grade, Below Grade
Days on Site: 1
Exterior: Brick, Concrete, Copper Plumbing, CPVC/PVC, Glass
Flooring: Luxury Vinyl Plank
Interior: Ceiling Fan(s), Elevator, Exposed Beams, Primary Bath(s), Sprinkler System, Upgraded Countertops
Lot Dimensions: 0.05 Acre(S)
Sewer: Public Sewer
Structure Type: Over Storefront
Two Bedroom Units: 4
Units: 4
Water: Public
Local Schools
School District: CHRISTINA
Listed By / Shown By
Listed By
Agency Name: Harrison Properties, Ltd.
Agency Phone: 3028882650
Shown By
Agent Name: Chad Morton
Agent Phone: (302) 373-5929
Agency Title: Maverick Realty, LLC
Estimate Your Payment
Estimated Payment
$ 3,710.09 per month $2,336.84 Principal & Interest $1,067.00 Property Tax $306.25 Homeowner's InsuranceChange Payment Information
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833 N Market Street | MLS# DENC2107156
This multi-family property located at 833 N Market Street , Wilmington, DE 19801 is currently listed for sale with an asking price of $1,050,000. N Market Street is located within the CHRISTINA school district. Search Wilmington real estate on cmorton.maverickrealtyusa.com today.