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Property profile & analytics
OFF-MARKET
Office Spaces

219 9Th St Wilmington, DE 19801

Property ID
Property summary
AI-generated overview

This three-story, 30,310 square foot office building in downtown Wilmington, Delaware, presents a compelling investment opportunity. Currently 50% occupied, it boasts Artisans Bank as an anchor tenant, ensuring a steady income stream. The property is zoned C-4 and offers convenient access to I-95, placing it within easy reach of all downtown amenities. Building features include an elevator, ADA compliance, energy-efficient rooftop solar panels, and on-site gym and shower facilities. Its location within a designated Downtown Development District and Opportunity Zone provides additional investment incentives. The building's professional aesthetic and prime location make it ideal for a variety of office uses, including creative, executive, and traditional office spaces. This is a rare chance to acquire a well-maintained, partially leased office building in a thriving urban core. The property's strong tenant base, modern amenities, and strategic location combine to create a promising investment prospect with significant upside potential. The APN is 26-035.20-010.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Delaware Offices Real Estate Agency
  • Educational Data Systems Inc Social Service Agency Charitable Organization
  • Kessler Financial Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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