Bought with NON MEMBER • Non Subscribing Office
$470,000
$490,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 06/21/2019
Key Details
Sold Price $470,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC318202
Sold Date 06/21/19
HOA Y/N N
Year Built 1913
Annual Tax Amount $3,758
Tax Year 2018
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
314 S. Jackson St. This profitable investment opportunity is located in a developing area of Wilmington. A great location on the corner of Jackson and Linden Streets with very close proximity to 95 and the Wilmington Riverfront. This multi-purpose three level building also includes two additional residential units. The main level offers a wide open space ideal for banquet hall or entertaining space and restrooms. The upper level offers high ceilings currently occupied by a church, the lower level, currently a storage area, was previously a social club and includes a walk-in refrigeration, and restrooms. Attached building includes two apartments one four bedroom unit and one two bedroom unit. An adjacent lot offers future development options, parking lot, additional storage or subdivide and build. This building has numerous recent updates and is a great property to add to your investment portfolio.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Interior
Hot Water Other
Heating Hot Water, Baseboard - Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Doors - Swing In, Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Christina
Others
Tax ID 26-042.10-567
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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