2703 Philadelphia PikeClaymont, DE 19703

Property Details for 2703 Philadelphia Pike

Year built

1966

Construction

CONCRETE

Lot size

4.10 AC

Property size (Sq ft)

30,576 SF

Zone code

CR

Property type

Retail properties

Property subtype

Community centers

APN

06-096.00-011

APU

609600011

Description

This exceptional 660-square-foot retail space, located at 2703 Philadelphia Pike in Claymont, Delaware (zip code 19703), presents a fantastic opportunity for a barber seeking a move-in ready establishment. The property is classified as a single-tenant retail space, specifically suited for an executive office or barbershop. The existing fixtures, furniture, and equipment (FF&E) are available for purchase through separate negotiation with the landlord, making this a truly turnkey operation. No building square footage is specified for the entire building. This allows for focused attention on the business itself, eliminating the overhead often associated with larger spaces. The property's prime location on Philadelphia Pike in Claymont offers excellent visibility and accessibility for customers. This is an ideal opportunity for an entrepreneur looking to establish or relocate their barbershop business with minimal upfront investment and immediate operational readiness. The space is ready for immediate occupancy. Interested parties should inquire about the FF&E purchase options.

• CAP approach

  CAP return

  Valuation

  6%

  $19,208,970

  6.5%

  $17,731,356

  7%

  $16,464,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,340,599

  Geo Method

  $10,067,552

• Alternative Use

  Use

  Valuation

  Residential

  $14,957,063

  Hospitality

  $13,700,589

  Educational

  $11,398,729

  Medical

  $11,790,749

  Retail

  $17,731,356

Location Insight

City

Claymont

County

New Castle

State

Delaware

Latitude

39.7952

Longitude

-75.4683

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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