1101 16Th St Wilmington, DE 19802

This exceptional 2,800 square foot warehouse, located at 1101 East Sixteenth Street, Wilmington, Delaware 19802, presents a compelling investment opportunity. The property is classified as Class D industrial and boasts a spacious 2,800 square feet of net rentable area spread across two stories, offering a 14-foot ceiling height. Priced at $200,000, this translates to a price per square foot of $71.43. The property is zoned for heavy commercial use, making it ideal for a variety of businesses. Its strategic location offers easy access to major transportation arteries, including I-495, Route 13, and I-95, providing excellent logistical advantages. The property consists of one unit and is available for occupancy starting September 1st, 2024. The property's Assessed Parcel Number (APN) is 2603620074. Note that no tenant credit rating is available. This warehouse is perfectly suited for uses such as storage facilities, contractor operations, or truck and car repair services. This is a rare opportunity to acquire a well-positioned industrial property in a thriving Delaware market.