101 W Park Pl - Office FOR SALE


Middletown, DE 19709
$888,500 USD
302-545-5583
101 W Park Pl, Middletown, DE for Sale
$888,500 USD
Office - FOR SALE
1/4
null | Request Cap Rate

101 W Park Pl
Middletown, DE 19709


OVERVIEW

ositioned in the heart of one of Delaware’s fastest-growing communities, this purpose-built, two-story office building offers a rare opportunity for both investors and owner-users. Constructed in 2017, the ±3,703 SF facility sits on a generous 1.15-acre lot, providing ample room for future expansion. The property is thoughtfully designed for professional office use, featuring 10 private offices, a large multi-purpose room, two welcoming waiting areas, and a full breakroom with seating. Additional amenities include one full bathroom, two half baths, and a full unfinished basement ideal for storage or future build-out. The building is equipped with two HVAC systems and dual zoning for efficient climate control, along with convenient off-street parking. Currently configured as a multi-tenant professional building, the property benefits from an established tenant base that includes nine psychologists, offering immediate income potential and a stable occupancy profile.

FOR SALE DETAILS

PRICE

$888,500 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Place Center, LLC.

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

R1A - approved office use

APN/PARCEL ID

23-008.00-065

ASK ABOUT THIS PROPERTY

John RoachMusi Commercial Properties IncMore Info
302-545-5583

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John RoachMusi Commercial Properties IncMore Info
302-545-5583

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.