248 Colter Rd - Office/Residential FOR SALE


Delaware City, DE 19706
$3,150,000 USD
302-521-7291
248 Colter Rd, Delaware City, DE for Sale
$3,150,000 USD
Office/Residential - FOR SALE
1/5
null | Request Cap Rate

248 Colter Rd
Delaware City, DE 19706


HIGHLIGHTS

  • Two-story building
  • Best for full-service, mixed-use redevelopment for residential, medical/dental, counseling, retail or institutional

OVERVIEW

Fort DuPont in Delaware City, Delaware offers an ideal location for commercial buyers seeking a vibrant, mixed-use community. Nestled within the lush surroundings of Fort DuPont State Park, this revitalized master-planned development combines history, natural beauty, and modern conveniences. It is planned around multiple districts - four are residential and mixed-use neighborhoods with an adjacent cultural arts district, two are devoted to institutional and professional office uses, and one is reserved for future mixed use. All are within a few minutes' walk of each other and downtown Delaware City. The fort itself is crisscrossed with walking trails and connected to nearby recreation. For restaurants, the setting provides a built-in audience with the residential growth in the area. Office spaces benefit from this peaceful yet accessible location close to local amenities. Condominiums attract buyers with a "live work play" lifestyle, emphasizing waterside living and recreational opportunities like bicycling, boating, hiking, and birdwatching. The community enjoys easy access to nearby grocery stores, shops and Clinton Street's charming eateries and boutiques. Fort DuPont's strategic location connects residents and businesses to Wilmington, Christiana's shopping and dining, Newark, Dover, Middletown, Philadelphia, and South Jersey - all while maintaining Delaware's allure of low taxes and proximity to beaches.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

"The Tilton Building" at Fort DuPont

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

273.7 AC

LAND SF

11,922,398 SF

ZONING

Exempt Commercial

APN/PARCEL ID

22-009.00-156

ASK ABOUT THIS PROPERTY

Neil KilianNAI Emory Hill Real Estate Services, Inc.More Info
302-521-7291

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Neil KilianNAI Emory Hill Real Estate Services, Inc.More Info
302-521-7291

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