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    1221 Bowers St Wilmington, DE 19802

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    For Sale
    $925,000

    6,694 SF flex building, ideal for owner-user with income.

    Property size:
    6,694 SF
    Lot size:
    1.21 Acres

    Property Features for 1221 Bowers St

    General Information

    Size
    6,694 SF
    Lot size
    1.21 Acres

    Source: DSM Commercial Agent Alicia Fox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex Building For Sale

    This 6,694 square foot flex building is available for sale, offering a blend of functionality and investment potential. It is ideally suited for an owner-user seeking immediate occupancy with the benefit of stabilized income. The available space of 3,688 square feet features six 10'x12' overhead drive-in doors and 25' ceilings. It also includes one bathroom, two gas-fired Reznor heaters, and one 200-amp panel. The remaining 3,006 square feet of the property is occupied by Straight Action Elite Boxing, which has leased the space for over three years. This property presents a strategic location in close proximity to I-495 and the Port of Wilmington, making it an ideal opportunity for an owner-user.
    Insight Report Location Intelligence

    Current Use by Public Records

    ACA Performance Auto Repair Shop Culver's Tires & Auto Auto Repair Shop Ad's Small Engine Small Engine Repair Service Downing Paving Paving Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sum2Eat

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5321908
    Latitude
    39.7418225

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    FAQs

    What type of property is this?
    Flex space - 6,694 SF flex building, ideal for owner-user with income.
    Where is this flex space located?
    The property is located at 1221 Bowers St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Ideal for owner-user with immediate occupancy of **3,688 SF +/-**.; - In-place income from existing tenant (Straight Action Elite Boxing).; - Six (6) overhead drive-in doors (**10'x12'**).
    (302) 419-5477
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    1221 Bowers St Wilmington, DE 19802
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    Wilmington, DE 19802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 Bowers St Wilmington, DE 19802
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