1400 N Market St, Wilmington, DE, 19801

1400 N Market St Wilmington, DE 19801

1400 N Market St, Wilmington, DE, 19801
1400 N Market St, Wilmington, DE, 19801 1400 N Market St, Wilmington, DE, 19801 1400 N Market St, Wilmington, DE, 19801 1400 N Market St, Wilmington, DE, 19801 1400 N Market St, Wilmington, DE, 19801
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$525,000
Last Verified:
Nov 08, 2024

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Highlights

  • Built in 1920 with most recent renovations in 2020
  • Elevator served and fully sprinklered
  • Prime location in Wilmington, near Chancery Market/1313 N Market and nearby scenic park and river areas
  • Historic architectural appeal
  • Parking in lot behind property ($100/month) or meter parking in front of building
  • 4-camera security system in place

Description

Welcome to a landmark opportunity in the heart of Wilmington, DE. This historic property, built in 1920, encompasses 4,851 SF across 3 units, offering a versatile space for offices or businesses. Zoned 26C-4 Central Office, the location provides a strategic advantage for a wide range of professional ventures. With its timeless architectural appeal and prime positioning in the bustling urban center, this property presents an exceptional investment opportunity. Embrace the potential for growth and success in an iconic building with a rich history, poised to elevate your business presence in the dynamic Wilmington area.

Discover the vibrant surroundings of Wilmington, DE, where history meets modern conveniences. Nestled in the heart of the city, the area offers a dynamic mix of renowned dining establishments, cultural attractions, and green spaces like Rodney Square and nearby Brandywine Park. The property is just moments away from the Delaware Art Museum, West End Neighborhood House, and the iconic Riverfront. With convenient access to major highways and public transportation, this location is ideal for businesses seeking a central and accessible hub. Embrace the countless opportunities for networking, entertainment, and growth in this prime urban locale.


Year Built: 1920
Building Size: 4851sq ft
Building Class: C
Lot Size: 0.04 acres


Documents

Sale Brochure

Map of 1400 N Market St, Wilmington, DE, 19801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.