825-827 N Washington St, Wilmington, DE 19801

$575,000

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List Price
$575,000
Price Change
▼ $275,000 1743452143
Days on Market
393
Status
ACTIVE
MLS#
DENC2075280
Lot Size (Acres)
0.14
Year Built
1900
County
New Castle
School District
Christina

Property Description

An exceptional opportunity awaits at 825-829 N Washington Street in the heart of Wilmington, DE. Nestled in a vibrant area, these two adjoining parcels offer a unique blend of classic charm and modern potential. Conveniently located near downtown Wilmington, major business districts, public transportation, and key commuter routes, this property provides an ideal setting for both commercial and residential use. Previously converted into office space by the owner to accommodate his business, the buildings feature an interior access door that seamlessly connects the two properties. 825-827 N. Washington features approximately seven offices per floor and a central bathroom. Both parcels are in good condition and ready for their next chapter, whether continuing as professional office space or undergoing a residential transformation. 829 N Washington Street is particularly well-suited for conversion back to a triplex, maintaining much of its original layout, while 825-827 N Washington Street also presents strong redevelopment potential and also has 6 parking spaces. Zoned 26C-4, both parcels offer the flexibility for various uses, though buyers should verify their intended plans with the city. This is a rare chance to own versatile, well-positioned real estate in one of Wilmington’s most promising areas. Don’t miss out on this prime investment opportunity! No rents in place.

Additional Information

Area
Wilmington (30906)
Taxes
$14211
School District
Christina
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Contact: 3022029855

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