2800 Governor Printz Blvd #3, Wilmington, De 19802

List Price $1,700,000

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Welcome to 2800 Governor Printz Blvd. The Total lot is 43.996 sqft and the building’s usable is 19.739 Sqft. This commercial building consists of three units, each with ample parking space. The property tenants who repair cars. Building #1, located on Governor Printz Blvd, is a 1406 sq ft space engaged in alignment repair business, generating a monthly rent of $1757.50 upon renewal in 2026, at $15 per sq ft. Building # 2 is a 5600 sq ft space for two tenants paying $550 and $1600 until 2025, with a projected rent of $5650 upon renewal in 2026, at $10 per sq ft. Additionally, the building owner operates A&W Tire, a thriving used tire company occupying 12683 sq ft. Generating a monthly Gross sale of $60,000 by stocking 7000 pcs of used tires and offering replacement services for all vehicle types in the revenue from operational businesses are assured. The current building owner can operate a tire shop even if the building is sold and then leased back. The seller wants a lease for 5 years with a 5-year option. They can afford to pay $11,000 for the entire building rent. In this case, if only the building is sold, it can be sold for $1,400,000.00. Price negotiation is possible. please contact Bruce . Located near I-495, the area boasts excellent accessibility, with the leasing of convenience facilities at the shopping center accelerating. Additionally, the Imani Village apartment complex, featuring 780 units, is available for lease and is scheduled for completion by 2027.

Essentials

MLS Number
Denc2057500
Community
Wilm #07
List Price
$1,700,000
Standard Status
Active
Waterfront
N

Location

Address
2800 Governor Printz Blvd #3, Wilmington, De

Interior

Heating
None
Heating Fuel
None
Cooling
None
Hot Water
Natural Gas
Flooring
Concrete

Interior Features

    Appliances

      Additional Information

      Acres
      1.01
      Year Built
      1947
      New Construction
      N
      Property Type
      Commercial Sale
      County
      New Castle
      Lot Size Dimensions
      154.90 X 179.70
      Listing courtesy of Bhhs Fox & Roach - Hockessin.