Redevelopment Opportunity

1809 Marsh Road Wilmington, DE 19810

1809 Marsh Road, Wilmington, DE, 19810
1809 Marsh Road, Wilmington, DE, 19810 1809 Marsh Road, Wilmington, DE, 19810 1809 Marsh Road, Wilmington, DE, 19810
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$850,000
Last Verified:
Jul 08, 2024

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Highlights

  • 7 parking spaces
  • Zoned CN - Commercial Neighborhood
  • Parcel - 0606800121
  • Traffic counts of 18,000+ VPD

Description

Opportunity for redevelopment. Currently one structure on the property - 1,300 sq. ft.

Wilmington, DE

Building Size: 1300sq ft
Building Class: B
Lot Size: 0 acres


Documents

Sale Brochure

Map of 1809 Marsh Road, Wilmington, DE, 19810

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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.