111 W 9Th St Wilmington, DE 19801

This exceptional investment opportunity presents a mixed-use property at 111 West 9th Street in Wilmington, Delaware's vibrant Central Business District. The property boasts a total of 2,578 square feet of net rentable space, currently configured as a ground-floor retail storefront and two upper floors ready for renovation. The asking price is $329,000. The building enjoys a high-visibility location, offering excellent exposure to pedestrian and vehicular traffic. Its strategic position directly across the street from "The Residence at Mid-Town Park," a luxury apartment complex, ensures a consistent flow of potential customers for the retail space and a strong tenant pool for future residential development. The current tenant occupies the ground floor storefront on a single tenancy agreement. The second and third floors offer significant potential for conversion into residential units, further enhancing the property's income-generating capabilities. This property is ideal for investors seeking a blend of immediate income and long-term appreciation potential in a thriving urban setting. The property's address is 111 W 9th St, Wilmington, DE 19801, situated in New Castle County.