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2501 & 2521 North Market St
Wilmington, DE 19802
Asking Price
$1.50M
Asset Type
Day Care/Nursery Mixed-use
Class
Class B
What's Special
Former Fire House - Unique Opportunity Mixed Use for User or Investor. <p>BUILDING: 2501 N. Market Street (Fire House Parcel)</p><ul><li>Corner parcel with building</li><li>Tax Parcel ID: 26-022.40-002</li><li>Lot Size: 0.18 Acres (Approx. 7,841 Sf)</li><li>New sprinkler and alarm system throughout entire building</li><li>New roof</li><li>Fire doors can be reopened / drivable floors in main hall</li><li>Adjacent parking lot of 20+ spaces included in the sale</li></ul><p></p><p>PARKING LOT:</p><ul><li>2521 N. Market Street (Parking Lot Parcel)</li><li>Gate
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
