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    1314 N King Street

    WILMINGTON, DE 19801
    • $1,100,000
    • STATUS: Active
    • ON SITE: 261 days
    • ID#: DENC497248
    UPDATED: 26 min ago
    $1,100,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    School District:

    Description

    Investor Alert. Prime Office building located on Lawyers Row with excellent long-term tenant in place. Roughly 5700 sq. ft. over 4 floors with elevator service to all floors. When last renovated for former bank and trust company many high-end finishes with custom millwork, hard wood floors, moldings, etc. Currently set up as a professional services office with a mix of private office space and open workstations. Two sets of staircases, lower level storage, break room, vault and other unique features.

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    ©2020 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 Barrows and Associates | Ocean Atlantic Sotheby's International Realty. 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: 2020-11-26T12:49:51.333.
    www.barrowsandassociates.com/homes/103973077
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    1314 N King Street WILMINGTON, DE 19801

    • Price: $1,100,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: DENC497248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1920
    Built
    Neighborhood:
    Wilmington (30906)
    County:
    New Castle
    Area:
    Wilmington (30906)
    School District:
    Christina
    Property Description
    Investor Alert. Prime Office building located on Lawyers Row with excellent long-term tenant in place. Roughly 5700 sq. ft. over 4 floors with elevator service to all floors. When last renovated for former bank and trust company many high-end finishes with custom millwork, hard wood floors, moldings, etc. Currently set up as a professional services office with a mix of private office space and open workstations. Two sets of staircases, lower level storage, break room, vault and other unique features.
    Exterior Features

    Construction Materials Advanced FramingBrick Direction Faces Northwest Garage YN No Location Type Downtown Parking Types None Property Condition GoodVery Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 5776.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 5776.00 Security Features Exterior CamerasFire Detection SystemIntercomMain Entrance LockSecurity System

    Property Features

    Accessibility Features Elevator Annual Gross Expense 31700.00 Assessment Year 2020 Association YN No Business Type Professional Central Air YN Yes Cooling Fuel Natural Gas Cross Street 14th Elevators 1 Foundation Details Block Gross Income 216000.00 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 184300.00 New Construction YN No Number Of Units Total 1 Operating Expense 31700.00 Operating Expense Includes Repair/Maintenance Original MLSNumber 304051397142 Owner Pays Heater Maintenance ContractTaxes - Real EstateOther Ownership Interest Fee Simple Possession Immediate Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 8557.00 Tax Assessment Amount 405300.00 Tax Lot 256 Total Actual Rent 216000.00 Transportation Bus Stop Less Than 1 MileCommuter Rail Station Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2000 Zoning 26C-4

    Listing courtesy of Re/Max Edge.


    ©2020 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 Barrows and Associates | Ocean Atlantic Sotheby's International Realty. 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: 2020-11-26T12:49:51.333.
     
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    Barrows and Associates | Ocean Atlantic Sotheby's International Realty
    18949 Coastal Highway Suite 304
    Rehoboth Beach DE, 19971