$ 1,100,000
-
$1,100,000
Price -
8
Bed -
0
Bath -
0
SqFt
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About the Listing HARRISN - 3197663,3139170
Presenting to you the Historic Farmers Mutual Building in Downtown Wilmington, DE, this mixed-use piece of real estate, with 26C-3 zoning, is equipped with approvals for a 57-seat restaurant and a lower-level speakeasy. Share the neighborhood with household names such as La Fia, Bardea, Le Cavalier and more. Upstairs: 4 fully occupied two-bedroom apartments. Renovated in 2020, these industrial-chic floorplans display 15 ft ceilings, exposed brick, plus open duct, beam and woodwork for a lofted, urban appeal. Situated on a main commerce street among Christiana Care, Widener Law and the city’s corporate hub. Generating upwards of $91,000 in annual residential revenue, the pro forma projects a prospective double-digit capitalization rate with an establishment in place. Done with love, reach out for details on the brand-new plumbing, HVAC and electrical fit-out with separated systems. For those who have lost hope in real returns, for business operators, and for investors looking to complete an exchange, this is an optimal addition to your portfolio.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Multi-Family
MLS ®
DENC2096938
Year Built
1928
Total Square Footage
0
Lot/Acreage
0.05
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 0
- Below Ground Sq Ft: 0
- Basement: Poured Concrete,Outside Entrance,Walkout Stairs,Interior Access
- Other: Ceiling Fan(s),Elevator,Exposed Beams,Primary Bath(s),Sprinkler System,Upgraded Countertops
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 24.50 x 117.50
- Zoning: 26C-3
- Roof: Rubber
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $12,804
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
833 N Market St Wilmington, DE 19801
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