Listed By:
Tesla Realty Group, LLC
Address
225 W 7Th Street, Wilmington, DE
Price
$ 265,000
Property Attributes
  • MLS#DENC2055102
  • TypeContingent
  • CountyNEW CASTLE
  • CityWilmington
  • AreaWilmington
  • Zip19801
  • StyleApartment Building,Bed and Breakfast,Day Care Faci
  • Year Built1890
  • Taxes$ 8000
  • Price$ 265,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2750
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

Entrepreneurs Alert! Bring your vision to this awesome corner location in the hub of the renaissance of downtown Wilmington. Steps from the exciting new restaurant and boutique hotel market st corridor., major development nearby. Remarkable live work zone open floor plan for ground level retail, office, caf, with potential upper two levels for lofts apts! The C-3 Zoning building is in the "Downtown Development District"

Price History
1/17/2024 Listed $349,900
2/5/2024 9% - $319,000
2/26/2024 7% - $299,000
3/27/2024 12% - $265,000

General Features

Sewer Public Sewer
Heating None
Cooling None
Possession Immediate
Zoning C3
Construction Materials Brick
Year Built 1890
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building,Bed and Breakfast,Day Care Facility,Flex,Funeral Home,Garden Center,Hair Salon and Spa,Health Club,Hotel/Motel,Other/General Retail,Professional,Recreation,Restaurant/Bar,Supermark
Accessibility Other
County NEW CASTLE
New Construction No
Property Type Commercial Sale
Possible Use Apartment Building,Commercial
Water Access Y/N No
Status ACTIVE UNDER CONTRACT
Directions N.Adams right on w 7th
ModificationTimestamp 2024-05-07T18:42:19
City WILMINGTON
Buyer Agent Compensation 2.5
MLS Area Wilmington (30906)
Lot Size Square Feet 1307.00
Tax Assessed Value 45609.0
Waterfront Y/N No
Street Name 7TH
Tax Annual Amount 8000.0
Price Per Sq Ft 96.22
Acceptable Financing Cash,Exchange,FHA
Vacation Rental Y/N No
Days on Market 87
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision WILMINGTON
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel None
Hot Water None
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Type of Parking On Street
Water View Y/N No
Building Area Total 2754.00
Lot Dimensions 20.00 x 60.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19801

Price
AVG $250K
$270K
Taxes
AVG $3,754
$8,000
Visits
AVG 126
143
Data Provided by Inside Real Estate®
Year Built
AVG 1924
1890

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