1601 Jessup StWilmington, DE 19802

Property Details for 1601 Jessup St

Year built

1930

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

11,112 SF

Zone code

26W4

Property type

Manufacturing properties

APN

26-029.30-259

APU

2602930259

Description

This exceptional 20,500 square foot commercial property, located at 1601 N Jessup St in Wilmington, Delaware, presents a unique investment opportunity. Situated on a 0.79-acre waterfront lot, this two-story building boasts attractive architecture and masonry construction. Built in 1943 and renovated in 2005, the property is currently fully leased and offers a diverse range of potential uses, including restaurant, creative office, and manufacturing, as permitted by the W6W4 zoning. Features include 43 parking spaces, one loading dock with one dock-high door, and a 14-foot ceiling height. The building benefits from 24-hour access, a security system, and a fenced lot. Additional amenities include beautiful waterfront views, convenient bus line access, and robust power (600a 3p). The original wood floors are in excellent condition. The property is classified as Class C with a Net Net Net (NNN) lease type. The asking price is $2,200,000, with an occupancy date of June 30, 2024. The property's APN is 26-029.30-259, 26-029.30-263. This versatile property offers a compelling blend of historical charm and modern functionality, making it an attractive investment for a variety of commercial ventures.

Location Insight

City

Wilmington

County

New Castle

State

Delaware

Latitude

39.7491

Longitude

-75.5396

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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