601 A StWilmington, DE 19801

Property Details for 601 A St

Year built

1965

Construction

CONCRETE

Lot size

1.55 AC

Property size (Sq ft)

3,410 SF

Zone code

26W4

Property type

Industrial properties

Property subtype

Other warehouses

APN

26-050.00-038

APU

2605000038

Description

This exceptional 1.55-acre industrial land parcel presents a unique investment opportunity in Wilmington, Delaware. Strategically located on the Christina River, this property enjoys convenient access to major transportation arteries, including I-495 and the Delaware Memorial Bridge, ensuring seamless connectivity throughout the region. The site is zoned W4, designating it as a Waterfront Residential/Commercial District, offering considerable flexibility for diverse development projects. Current zoning permits multiple uses, providing ample scope for creative and profitable ventures. A short-term lease is currently in place, offering immediate income potential or a future development opportunity. The property benefits from a desirable location, surrounded by established businesses such as the River House Apartments, Wilmington Rowing Club, and the Delaware Humane Society, contributing to a thriving and well-established neighborhood. This prime waterfront location offers unparalleled visibility and accessibility, making it an ideal site for a variety of commercial or mixed-use developments. The property's size and zoning regulations provide a solid foundation for a range of projects, from light industrial to potentially complementary commercial uses. The existing short-term lease provides a buffer period for planning and development, allowing for a strategic approach to maximizing the property's potential. This is a rare opportunity to acquire a significant waterfront property in a prime location with excellent access to transportation and a supportive community. The address is 601 A Street, Wilmington, DE 19801.

• Alternative Use

  Use

  Valuation

  Residential

  $1,668,092

  Hospitality

  $1,527,963

  Educational

  $1,271,248

  Medical

  $1,314,968

  Retail

  $1,977,496

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7329

Longitude

-75.5482

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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