101 N Gray Ave, Wilmington, DE 19805

Building Details

Year Built

1954

Listing office Medori Commercial Realty LLC t***@medoricommercialrealty.com

Listing date Jun 21, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Medori Commercial Realty LLC

Report an issue

---

Overview

This is a free-standing 4,708 sq/ft office/flex space located in Wilmington, DE. The first floor comprises 3,380 sq/ft, including 2,740 sq/ft of private offices, a reception area, kitchenette, and work areas, along with a 640 sq/ft warehouse featuring a drive-in door. The second floor offers 1,328 sq/ft, which includes 1,152 sq/ft of offices and a conference room, plus a 176 sq/ft loft storage area. The property is conveniently located on Gray Ave, providing easy access to the I-95, I-295, and I-495 interchange, and is close to Route 141 and the Barley Mill development project. It features new gas HVAC systems, masonry construction with an "A" frame truss/shingle roof system, and a well-maintained and clean interior. The property also benefits from a new shingle roof and ample windows that provide natural light. Parking is available for 5 to 6 vehicles (stacked).

Suggested Use

Real Estate Agency Parking Lot & Garage Clothing & Fashion Store Cafe & Coffee Shop Hotel & Motel Travel Agency Law Firm Bed & Breakfast Storage Facility Nursing Home

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

Location Insight

• Map
• Local Demand

City

Wilmington

County

New Castle

State

Delaware

Longitude

-75.5854032

Latitude

39.7490284

Nearby Similar for Sale

• 

  $950,000

  8,000 SF

  Multi-Tenant Office Building with Private Parking

  A centrally located office building with private parking and dual front/rear access for flexible tenant or owner-occupant use.

  2400 W 4TH ST, WILMINGTON, DE 19805

  View Details
• 

  $1,100,000

  Renovated Two-Story Office Building

  Fully renovated masonry two-story office building offering multiple suites and rear parking in Wilmington, DE.

  1501 N WALNUT Street, WILMINGTON, DE 19801

  View Details
• 

  $439,900

  4,250 SF

  Wilmington Triplex: Investment Opportunity

  Well-maintained triplex in Wilmington with immediate rental income.

  902 N MADISON Street, WILMINGTON, DE 19801

  View Details
• 

  $395,000

  2,875 SF

  Trinity Vicinity Triplex in Wilmington

  Three 2-bedroom apartments in a vibrant, walkable Wilmington neighborhood.

  801 W 9TH Street, WILMINGTON, DE 19801

  View Details
• 

  $425,000

  1,425 SF

  Two-Unit Cape Cod with Garage

  Cape Cod offers two rental units with private laundry access and a detached two-car garage.

  310 SILVERBROOK Drive, WILMINGTON, DE 19804

  View Details
• 

  $315,000

  1,675 SF

  Duplex with Private Rear Decks

  Two-unit duplex with in-unit washer and dryer and separate private rear decks for flexible living arrangements.

  623 CONCORD Avenue, WILMINGTON, DE 19802

  View Details
• 

  $895,000

  Office Building with Private Parking

  Professionally maintained office building with five offices, private main office, and parking for up to 20 vehicles.

  2417 SILVERSIDE RD, WILMINGTON, DE 19810

  View Details
• 

  $230,000

  1,800 SF

  Updated Duplex in Wilmington

  Two-unit property with updated electrical systems, suitable for investors.

  1607 W 4TH Street, WILMINGTON, DE 19805

  View Details
• 

  $119,900

  2,400 SF

  Three-Unit Residential Income Property

  As-is triplex offered with three two-bedroom, one-bath units, requiring buyer due diligence.

  2120 N PINE Street, WILMINGTON, DE 19802

  View Details
• 

  $375,000

  2,268 SF

  Corner Salon Retail with Apartments

  Corner mixed-use property with a leased salon and two tenant-occupied apartments generating monthly rent.

  837 W 4TH Street, WILMINGTON, DE 19801

  View Details
• 

  $550,000

  Renovated Triplex with Updated Interiors

  Renovated triplex offering three updated units with remodeled kitchens and refinished hardwood floors.

  709 W 19TH ST, WILMINGTON, DE 19802

  View Details
• 

  $649,000

  Central Business District Mixed-Use Building

  3-story C-4 mixed-use property with a turnkey restaurant and two residential units above it.

  919 N ORANGE Street, WILMINGTON, DE 19801

  View Details

FAQs

What type of property is this?

Office building - 4,708 SF office/flex space with warehouse and drive-in door.

Where is this office building located?

The property is located at 101 N Gray Ave Wilmington, DE.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: 4,708 sq/ft Free Standing Office/Flex Space; Convenient Location with Easy Access to I‑95, I‑295, and I‑495; First Floor: Includes 2,740 sq/ft of Private Offices and a 640 sq/ft Warehouse with Drive‑In Door