For Sale
$595,000

101 Gray AveWilmington, DE 19805

Prime Wilmington Office, 4,708 SF

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional owner-user opportunity presents a 4,708-square-foot freestanding office building situated on a 0.13-acre lot at 101 N. Gray Ave, Wilmington, DE 19805. Built in 1954, this two-story building boasts a solid masonry construction with an "A" frame truss/shingle roof system, recently updated with a new shingle roof and new gas HVAC systems. The interior is well-maintained and clean, featuring ample natural light from numerous windows. The first floor encompasses 3,380 square feet, including 2,740 square feet of private offices, a reception area, kitchenette, and additional workspaces. A 640-square-foot warehouse with a drive-in door adds versatility. The second floor offers 1,328 square feet, comprising 1,152 square feet of offices and a conference room, along with 176 square feet of loft storage. The property is zoned for commercial use and provides parking for 5-6 vehicles (stacked). Its convenient location on Gray Avenue offers easy access to the I-95, I-295, and I-495 interchanges, as well as proximity to Route 141 and the Barley Mill development. This is a rare opportunity to acquire a well-maintained, versatile office building in a desirable Wilmington location. The asking price is $595,000.

Highlights

  • 4,708 SF freestanding office building on a 0.13-acre lot at 101 N. Gray Ave, Wilmington, DE 19805.
  • Solid masonry construction with a new roof and HVAC systems.
  • Two-story building with 3,380 SF first floor including offices, reception, kitchenette, and a 640 SF warehouse with drive-in door.
  • 1,328 SF second floor with offices, conference room, and loft storage.
  • Zoned commercial, 5-6 parking spaces, excellent access to major highways (I-95, I-295, I-495, Route 141), near Barley Mill development.
  • Asking price: $595,000.

Property Details for 101 Gray Ave

Property type
Office properties
Square Feet
4,708 SF
Year Built
1954
Buildings
1
Stories
2
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7510772
Longitude
-75.5838585
101 Gray Ave, Wilmington, Delaware

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101 Gray Ave
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