1835 W 4th St - Restaurant FOR SALE


Wilmington, DE 19805- Hilltop
$525,000 USD
302-740-5524
1835 W 4th St, Wilmington, DE for Sale
$525,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1835 W 4th St
Wilmington, DE 19805
Hilltop


HIGHLIGHTS

  • Signalized Intersection
  • Mixed Use Commercial with 2 Bedroom High End Apartment

OVERVIEW

Welcome to Little Italy, on the West side of the City of Wilmington! Probably one of the most well known intersections in all its glory, the Little Italy archway that greets and leads you down the road to the hot spot restaurants that Wilmington has to offer. Commercially zoned, mixed use, corner property is available for its next custodian. Store front on the main level could host a plethora of uses and features a wide open interior, multiple restrooms, plus various areas that can be utilized in a constructive manner depending on your needs. Basement area for storage is easily accessed from the store front and has restrooms as well. Some ideas to get your imagination jump started; pharmacy, restaurant, convenience store, pawn shop, check cashing, vape shop, place of worship, or my personal favorite - Marijuana Dispensary. Second level features a custom fit out, two bedroom apartment that has private access to a rear roof top area for relaxing as the warmer months make their presence felt. Main bedroom with vaulted ceiling and ensuite bathroom with tile and custom shower stall. Kitchen with gray shaker cabinetry, topped with granite, an island for additional seating and food preparation area complete with stainless under mount sink. Full bath services main living space and rear bedroom is draped in tile and other custom accouterments. Excellent opportunity to live above your business, purchase and rent both units for cash flow, or operate a business and rent the apartment for additional income. Excellent location on heavily traveled artery into and out of downtown Wilmington on a lighted intersection gives extreme exposure for pedestrians and vehicle traffic alike. Bring your vision and make this your center of operation!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Little Italy Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C-2

APN/PARCEL ID

26-026.40-162

ASK ABOUT THIS PROPERTY

Joseph HurleyPantano Real EstateMore Info
302-740-5524

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Joseph HurleyPantano Real EstateMore Info
302-740-5524

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