625 Orange St Wilmington, DE 19801
This exceptional 5,079 square foot office condominium is ideally situated in downtown Wilmington, Delaware, at 625 Orange Street, zip code 19801. Located on the second floor of an elevator-served building, this traditional office space offers convenient access to all downtown amenities. Built in 1988 and zoned C-3, the property boasts six dedicated indoor parking spaces within the building's garage. The unit represents 14.02% of the condominium association. Previously occupied by SODAT, this spacious office suite presents a turnkey opportunity for a variety of businesses. Its prime location and ample parking make it an attractive option for companies seeking a well-established presence in the heart of Wilmington. The asking price for this remarkable property is $324,900. This represents a significant opportunity to acquire a substantial and well-located office space in a thriving Delaware city. The property's size, parking, and central location combine to create a compelling investment proposition. Serious inquiries are encouraged.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.