121 E St, Wilmington, CA 90744
This 3,944 square foot commercial building, situated on a 0.1-acre lot at 121 E Street in Wilmington, CA, presents a unique investment opportunity. Currently configured as a meeting hall and industrial kitchen, the property is being used to support a feeding program. However, its adaptable layout and prime location offer significant potential for redevelopment. The building's blank-slate interior allows for a wide range of future uses, catering to diverse business needs. The property's proximity to numerous ongoing construction projects suggests a thriving and developing neighborhood, further enhancing its investment appeal. This presents a chance to capitalize on the area's growth and create a tailored commercial space. The substantial square footage provides ample room for expansion or modification, making it suitable for a variety of commercial ventures. The 0.1-acre lot offers potential for outdoor space or expansion depending on zoning regulations and future development plans. Investors seeking a flexible and strategically located property in a dynamic area will find this Wilmington commercial building a compelling proposition. The asking price of $399,000 makes this an attractive entry point into the Wilmington commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.