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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Andrew White • Compass

$575,000

Est. payment - /mo

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DENC2075280

Year Built 1900

Annual Tax Amount $14,211

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 43.40 x 145.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

An exceptional opportunity awaits at 825-829 N Washington Street in the heart of Wilmington, DE. Nestled in a vibrant area, these two adjoining parcels offer a unique blend of classic charm and modern potential. Conveniently located near downtown Wilmington, major business districts, public transportation, and key commuter routes, this property provides an ideal setting for both commercial and residential use. Previously converted into office space by the owner to accommodate his business, the buildings feature an interior access door that seamlessly connects the two properties. 825-827 N. Washington features approximately seven offices per floor and a central bathroom. Both parcels are in good condition and ready for their next chapter, whether continuing as professional office space or undergoing a residential transformation. 829 N Washington Street is particularly well-suited for conversion back to a triplex, maintaining much of its original layout, while 825-827 N Washington Street also presents strong redevelopment potential and also has 6 parking spaces. Zoned 26C-4, both parcels offer the flexibility for various uses, though buyers should verify their intended plans with the city. This is a rare chance to own versatile, well-positioned real estate in one of Wilmington's most promising areas. Don't miss out on this prime investment opportunity! No rents in place.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-4

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling None

Heat Source Electric

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Lot Description Road Frontage

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Christina

Others

Tax ID 26-035.10-258

Ownership Fee Simple

Special Listing Condition Standard

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Nearby School & Business

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

825-827 N WASHINGTON ST Wilmington, DE 19801

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information