3407 Lancaster Pike - Office FOR SALE


Wilmington, DE 19805
$1,500,000 USD
302-218-2053
3407 Lancaster Pike, Wilmington, DE for Sale
$1,500,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

3407 Lancaster Pike
Wilmington, DE 19805


HIGHLIGHTS

  • Two garage bays
  • Newer roof — completely replaced approximately one year ago
  • Approximately 24,000 vehicles per day traffic count
  • Flexible configuration for multiple users
  • Excellent fit for medical, dental, legal, financial, consulting, and other professional services

OVERVIEW

+/- 8,000 SF High-Visibility Professional Office Building | 3407 Lancaster Pike, Wilmington, DE 19805 Exceptional visibility, flexible configuration, and move-in-ready condition make 3407 Lancaster Pike an outstanding opportunity for an owner-user, investor, or professional practice seeking a prominent Wilmington location. This approximately+/- 8,000 SF office building is currently configured into two separate office spaces, providing flexibility for multiple tenants, an owner-user with additional income potential, or a professional practice requiring dedicated areas for different functions. An additional bonus ground-floor space with two garage bays offers valuable storage, workspace, parking, or operational flexibility. The property is ideally suited for a wide range of professional users, including medical and dental practices, law firms, accounting and financial firms, insurance agencies, engineering and consulting companies, and other professional services. The existing layout and quality finishes provide an excellent foundation for continued use or customization to meet a user's specific needs. Positioned along Lancaster Pike with traffic counts of approximately 24,000 vehicles per day, the property offers excellent exposure and visibility for a business looking to establish or strengthen its presence in the Wilmington market. The building has been well maintained, with a complete roof replacement approximately one year ago, providing a significant recent capital improvement. The interior features custom finishes that create a professional and distinctive environment for clients, employees, and visitors. Property Highlights: • Approximately +/- 8,000 SF office building • Currently divided into two office spaces • Additional bonus ground-floor space • Two garage bays • Approximately 24,000 vehicles per day traffic count • Excellent Lancaster Pike visibility • Newer roof — completely replaced approximately one year ago • Well-maintained structure • Custom interior finishes • Flexible configuration for multiple users • Excellent fit for medical, dental, legal, financial, consulting, and other professional services • Potential owner-user or investment opportunity 3407 Lancaster Pike offers the combination of location, visibility, flexibility, and condition that professional users look for. With multiple usable areas, garage space, quality finishes, and a recently replaced roof, this property presents a compelling opportunity for businesses seeking a prominent Wilmington office location.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3407 Lancaster Pike

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

CR

APN/PARCEL ID

07-033.30-050

ASK ABOUT THIS PROPERTY

Anthony MedoriMedori Commercial Realty, LLCMore Info
302-218-2053

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Anthony MedoriMedori Commercial Realty, LLCMore Info
302-218-2053

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