623 Heald StWilmington, DE 19801

  • Specialty properties
  • 3,105 SF
For Sale
$315,000 View listing

Property Details for 623 Heald St

Year built
1933
Construction
CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
3,105 SF
Zone code
26R-3
Property type
Specialty properties
Property subtype
Other specialty properties
APN
26-057.20-061
APU
2605720061

Description

This meticulously maintained 2,236 square foot church, constructed in 1910 and renovated in 2000, presents a unique investment opportunity in Wilmington, Delaware. The property boasts a large first-floor sanctuary with seating for over 100, complemented by a choir loft and pulpit. Additional space includes several smaller offices, ideal for pastoral use or administrative functions. A balcony offers further seating capacity for 40-50 individuals. The building's welcoming atmosphere makes it perfect for religious services and community gatherings. Beyond the main sanctuary, a sizable basement provides extra space for various community events or additional programming. The property sits on a 0.1-acre lot and includes a driveway accommodating two or more vehicles, along with a small backyard and side yard. A new roof was recently installed, ensuring long-term structural integrity. This property is exceptionally well-suited for a special purpose investor seeking a versatile space with significant potential. Its prime location in Wilmington offers easy access to local amenities and a thriving community. The combination of historical charm, modern updates, and ample space makes this an exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,518,893
    Hospitality
    $1,391,298
    Educational
    $1,157,544
    Medical
    $1,197,353
    Retail
    $1,800,623
623 Heald St, Wilmington, Delaware

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7276
Longitude
-75.5453
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,232
$8,500
$110,700
$119,200
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