DE > Wilmington > None Available
Wilmington, DE 19805,621 MARYLAND AVE
Wilmington, DE 19805,621 MARYLAND AVE
Wilmington, DE 19805,621 MARYLAND AVE
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John Coleman

John Coleman

+1(202) 427-9689
Listed by Christopher D Wharton • Long & Foster Real Estate, Inc.
$594,900
Est. payment /mo
5,400 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $110

Subdivision None Available

MLS Listing ID DENC2075908

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $4,345

Tax Year 2024

Lot Size 3,485 Sqft

Acres 0.08

Lot Dimensions 48.50 x 67.50

Property Sub-Type Retail

Property Description

Introducing 621 Maryland Ave in Wilmington—a prime investment opportunity that seamlessly blends commercial and residential income streams. This versatile property boasts a bustling restaurant on the ground level, secured by a long-term lease generating a reliable $2,800 per month. Ascend to the second floor, where two inviting 2-bedroom apartments are tenant-occupied, providing additional monthly income of $950 and $925 respectively.

This property not only offers immediate returns but also the potential to enhance your portfolio when purchased as part of a comprehensive investment package with 1003 and 1005 Beech St (MLS #DENC2075898 & DENC2075904). Ideally situated in a dynamic area of Wilmington, 621 Maryland Ave provides both stability and growth, making it an exceptional opportunity for discerning investors. Contact us today to explore the full potential of this income-producing asset.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Christina

Others

Tax ID 26-042.10-534

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
agent
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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