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2800 Governor Printz Boulevard , #3

WILMINGTON, DE 19802
  • $1,700,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: DENC2057500
UPDATED: 119 min ago
$1,700,000
  • 0
    BEDS
  • 1.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

School District:

Description

Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the buildings usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-24T23:05:03.087.
www.allisonstineteam.com/homes/148412178
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2800 Governor Printz Boulevard , #3 WILMINGTON, DE 19802

  • Price: $1,700,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 119 min ago
  • ID#: DENC2057500
0
Beds
0
Baths
0
½ Baths
1.01
Acres
1947
Built
Neighborhood:
Wilm #07
County:
New Castle
Area:
Wilmington (30906)
School District:
Colonial
Property Description
Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the buildings usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.
Exterior Features

Construction Materials Brick Garage YN No Other Equipment See Remarks Parking Types Parking Lot Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 19550.00 Cooling None Exclusions Towing truck. Cargo van Flooring Concrete Heating None Inclusions A &W Tire LLC. w/tire change equipment and used tire inventory. Net Square Feet 43996.00

Property Features

Acceptable Financing CashConventional Accessibility Features >84" Garage Door Central Air YN No Cooling Fuel None Electric 100 Amp Service200+ Amp Service Entry Level 1 Foundation Details Concrete Perimeter Heating Fuel None Historic YN No Hot Water Natural Gas Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802912639426 Owner Pays Common Area MaintenanceTaxes - Real Estate Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 5804.00 Tax Lot 007 Total Actual Rent 38520.00 Utilities Cable TV AvailableElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning 26C-2

Listing courtesy of BHHS Fox & Roach - Hockessin: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-24T23:05:03.087.
 
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The Allison Stine Team with Northrop Realty a Long and Foster Company
209 5th Street
Bethany Beach DE, 19930